Renowned economist Jeffrey Sachs has raised concerns over the United States’ efforts to decouple from China, warning that such actions could disrupt global efficiency and economic stability. Speaking at a recent forum, Sachs emphasized that the U.S. attempt to break supply chain ties with the Chinese mainland is counterproductive and stems from a presumptuous attitude among American policymakers.
“The global economy thrives on interconnectivity and cooperation,” Sachs stated. “Efforts to isolate a major economic player like China not only undermine global efficiency but also harm the interests of the U.S. itself.”
Sachs criticized the move as a political maneuver that neglects the realities of the integrated global supply chain. He highlighted the risks associated with disrupting established trade relationships, including increased costs for businesses and consumers, as well as potential retaliatory measures.
“We need to adopt a more collaborative approach,” he urged. “Building walls in an interconnected world is neither practical nor beneficial. It’s essential for policymakers to recognize the mutual advantages of maintaining strong economic ties with the Chinese mainland.”
The economist’s remarks come amid escalating trade tensions and a growing trend toward protectionism. Sachs called for renewed dialogue and a commitment to multilateralism to address shared challenges such as climate change, public health, and technological advancement.
“Global issues require global solutions,” Sachs concluded. “By working together, the U.S. and China can lead the way in promoting prosperity and stability for all.”
