US EditionWhite House: Trump to Extend ‘Reciprocal’ Tariff Deadline to Aug. 1
UNITED STATES, JUL 8 – President Trump extends tariff deadline to August 1 to finalize trade deals and sets rates from 25% to 40% for 14 countries amid ongoing negotiations, White House said.
- President Donald Trump announced nearly 15 new tariffs starting August 1, 2025, with letters sent to trading partners ahead of the deadline.
- Following the April 2 tariffs, the Trump administration postponed them to August 1, 2025, with no confirmed extension beyond the original July 9 deadline.
- Letters outlined 25% tariffs for Japan and South Korea, 30% for South Africa, affecting 14 nations before August 1 implementation.
- Market indices declined after Trump announced tariffs, with the Dow Jones dropping 422 points, triggering volatility amid trade tensions.
- Unless further orders are issued, full tariff rates are set to take effect on August 1, 2025, with no new changes announced, according to U.S. authorities.
307 Articles
307 Articles
Trump Extends His Tariff Deadline as He Threatens More Dues
President Donald Trump says the window for countries to negotiate new trade deals with the United States to avoid a spike in tariffs is all but closed with one day to go before the 90-day deadline to strike a deal or face “reciprocal tariffs.” It comes as he imposes new import rates on 14 countries up to 40%. NBC’s Garrett Haake reports for TODAY.
Tariff delay gives retailers time to stock up for holidays
President Trump extended a key tariff pause to August 1, giving U.S. retailers more time to import goods before higher rates hit. The move could delay consumer price hikes until after the holiday season. Still, experts warn that warehousing costs and uncertainty may drive prices up regardless.
People are Tariffied of what Trump is doing
Donald Trump TACO'ed again yesterday with his new executive order called : "Extending the Modification of the Reciprocal Tariff Rates." He gave the reciprocal tariffs that were going into effect July 9th and moved them back to August 1st, same deadline...
The Latest: Trump delays tariff implementation another month
President Donald Trump ’s latest executive order delaying official tariff increases on dozens of countries until Aug. 1 has relieved some pressure on world markets, but he also ordered a 25% tax on goods imported from Japan and South Korea, citing persistent trade imbalances with the two crucial U.S. allies in Asia.The IRS says churches can now endorse or oppose politicians, unlike other tax-exempt organizations. And Trump plans a Friday visit t…
The Latest: Trump gathers his Cabinet to celebrate his wins
President Donald Trump ’s latest executive order delaying official tariff increases on dozens of countries until Aug. 1 has relieved some pressure on world markets, but he also ordered a 25% tax on goods imported from Japan and South Korea, citing persistent trade imbalances with the two crucial U.S. allies in Asia.Trump will hold his first Cabinet meeting since April on Tuesday morning. And Trump plans a Friday visit to Texas, where flash flood…
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