US EditionTariffs, explained: What Trump wants from all these trade deals
UNITED STATES, JUL 8 – President Trump delayed new tariffs to August 1 and warned 13 countries of levies ranging from 10% to 70% if no trade deals are reached, amid limited progress on agreements.
- On August 1, 2025, President Donald Trump will impose new reciprocal tariffs on 14 countries unless they reach trade agreements.
- The tariffs follow a three-month pause after Trump initially set a July 9 deadline to reduce the U.S. trade deficit and pressure countries.
- Negotiations involve countries like Japan, South Korea, Indonesia, and Vietnam, with few preliminary deals made despite Washington seeking 90 deals in 90 days.
- Tariffs are expected to range from 10 to 70 percent, with projected economic impacts including a $178 billion shrink in the U.S. economy and over 64,000 job losses in California, where local leaders criticized the policy.
- The tariff delay aims to allow further talks amid concerns of global economic disruption, while Trump indicated a possible deal soon but international pressure and uncertainty remain high.
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10 Articles
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2 trade deals and 2 in the works: Was Trump forced to extend his deadline?
Trump has delayed his plan to impose new tariffs on trading partners until August 1, amid slow progress on trade talks and rising concerns about economic and diplomatic fallout. So far, only two trade deals have been reached, leaving many countries facing the threat of steep tariffs.
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