Special dialogue: Cheah (left) and Prof Sachs with moderator, Sunway Universiti pro-chancellor Prof Datuk Sri Idris Jala (right), during the ‘Asean amidst the Shifting Global Order’ Q&A session. — Photos: Sunway University
NO TACO Theory was on his table, but renowned economist Prof Jeffrey D. Sachs thinks that when it comes to the crunch, US President Donald Trump will backtrack on his tariff policies.
“TACO” stands for “Trump Always Chickens Out”, and like the Wall Street traders trading the acronym for laughs, Prof Sachs believes that the US president cannot keep his trade policy as he had announced it on April 2.
