Threats of new economic restrictions against Russia are not only “dangerous” and counterproductive, but a sign of the severe incoherence plaguing the Trump administration, the world-renowned US economist and political commentator says.
Anti-Russia Sanctions Ultimatum Will Blow Up in US' Face: Jeffrey Sachs Explains Why
“If the sanctions are actually applied, they are an escalation of the conflict, and therefore very dangerous. I do not believe that they will be effective. For example, I do not believe they will stop Russia from selling oil, gas, and other commodities to Asian markets. Yet, provocations and escalation often have unpredictable negative effects, and that could be true here as well,” Sachs told Sputnik.