Dr Dan Gay - Economics for the Real World

Dr Dan Gay - Economics for the Real World

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Dr Dan Gay - Economics for the Real World
Dr Dan Gay - Economics for the Real World
Psycho buffoon bullies the poor

Psycho buffoon bullies the poor

In less than two weeks Trump's 'reciprocal' tariffs will kick in, hammering some of the world's poorest countries. The tariffs aren't reciprocal, they're based on crank economics and they won't work.

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Dr Dan Gay
Jul 17, 2025
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Dr Dan Gay - Economics for the Real World
Dr Dan Gay - Economics for the Real World
Psycho buffoon bullies the poor
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Buffoon
Unsigned costume design for a buffoon in Michel Fokine's ballet Islamey, first performed in St. Petersburg, March 10, 1912, at the Maryinsky Theatre. Anisfeld, Boris Israelevich, 1879-1973

On August 1 the US will start charging many countries a big new tax to enter its markets. The so-called reciprocal tariffs are supposed to protect domestic industry and act as a tit-for-tat measure against countries with whom the US runs a trade deficit.

At the top of the list: some of the world’s poorest and most vulnerable countries, including Laos, Myanmar, Cambodia, Lesotho, Bangladesh, Thailand, Indonesia and Sri Lanka.

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