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Geddry’s Newsletter

Tariffs, Tantrums, and the Tattered Empire

As Trump waves trade threats like reality show props, the world quietly moves on—and America’s decline accelerates.

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Mary Geddry
Jul 07, 2025
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It turns out you can’t bully your way out of decline, but that hasn’t stopped Donald Trump from trying. One letter at a time.

Last week, Trump scrawled a sharpie-penned note to a foreign entity, but today he escalated, publishing actual typed letters to countries like Japan, South Korea, Malaysia, and Laos, informing them they’d be getting a 25–40% tariff gift, effective August 1. These letters, hilariously identical in their copy-paste tone, were paraded on Truth Social for “transparency” while markets tanked in response. It’s as if the President of the United States discovered Mail Merge and decided to treat international trade like sending out save-the-dates for a tacky wedding no one wants to attend.

The markets, predictably, did not appreciate the performance. The Dow slid, investors panicked, and manufacturers braced for rising costs on the goods they actually need to keep America functioning. But Trump’s regime insists this is “winning,” or at least “helping,” because the tariffs are bringing in “revenue.” They forget to mention it’s revenue from Americans, paying more for their cars, groceries, and everything else that crosses a border before it hits your shopping cart. A tariff, as Richard Wolff might remind them, is not a sign of strength; it’s a sign of desperation. The economic equivalent of selling the floorboards of your house for firewood, just to stay warm one more winter while the roof caves in.

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