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Economist Jeffrey Sachs Urges India to Scrap US Trade Deal After Key Tariff Ruling
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Economist Jeffrey Sachs Urges India to 'Rip Up' US Trade Deal After Tariff Ruling
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Moneycontrol
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21-02-2026, 21:34
Economist Jeffrey Sachs Urges India to 'Rip Up' US Trade Deal After Tariff Ruling
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US Supreme Court strikes down Trump-era tariffs, ruling 6-3 that the president exceeded legal authority.
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Chief Justice John Roberts states tariff-setting powers rest with Congress under Article One of the US Constitution.
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Economist Jeffrey Sachs calls the decision a 'bold, clear opinion,' returning power to Congress on taxation.
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Sachs advises India to 'rip up' its recent trade deal with the US, arguing Trump's actions were unconstitutional.
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He urges India to pause further agreement steps, stating Trump will likely fail if he attempts new tariffs.
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