Geopolitics
Trump Has Zero Leverage Over China in Friday Visit Sachs Warns
Judging Freedom
Prof. Jeffrey Sachs : The Economic Consequences of Trump's War
What was said
"None that I can see. None. Nothing. I don't see any of it. He tried last year a trade war. It lasted about 24 hours. China matched the U.S. tariffs, and it raised the stakes with restrictions on rare earth magnet exports. The United States backed down."
Ahead of Trump's planned Friday visit to China, Professor Sachs flatly stated the president has no leverage whatsoever over Beijing, citing the failed 24-hour trade war where China forced U.S. capitulation through rare earth restrictions. Sachs argued the U.S. produces nothing China desperately needs and recent court rulings stripped Trump's tariff authority. This assessment contradicts administration claims of negotiating strength.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
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- Programme
- Judging Freedom
- Episode
- Prof. Jeffrey Sachs : The Economic Consequences of Trump's War
- Clip time
- 23:10
- Original source
- Watch the source segment →
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Judging Freedom