India is challenging China by rethinking its ties with the US after Trump imposes a 50% tariff on trade. Many countries are searching for answers on how to prioritize their economy and resign from the bow under pressure. Economist Jeffrey Sachs, a public policy analyst and professor at Columbia University, asked India to be careful, working closely with BRICS and not relying on the US. “Don’t trust America.” He said during an interview with Business today.
Sachs explained that Trump made the mistake of imposing a 50% tariff on India despite the country being a close ally. He emphasized that India was out of the way to accept the US dollar and opposed the ideology of BRICS derailment despite being a member. Allies should not be treated this way, Sachs explained, highlighting Trump’s mismanagement. “Trump is not a very logical person, not a very strategic person, so he does things impulsively.” He said.
India must stick to Brick and avoid trusting the US, says Jeffrey Sachs
The economists have revealed that this is the best opportunity for India to stick to BRICS and avoid the US. “He (Trump) thinks India will soon agree to the demands he has made, and India will say, “We will not buy Russian oil.” This was a threat. India did not succumb to the threat. ” He said. Sachs emphasized that tariffs on India are not a good strategy. “It wasn’t a well thought out strategy. What Trump is doing is not a well thought out strategy.
Analysts explained that Trump’s tariffs will link India with BRICS and do not trust the US. “But what it did is to warn India of what I have been saying for a long time. That means India should not trust the US as its main partner. Of course, India needs an independent foreign policy and needs to look at the statements and commitments of the US.”