US EditionTrump delays tariff hike again. Here are the new tariff rates.
UNITED STATES, JUL 8 – President Trump extended the tariff pause until August 1 and adjusted rates for 14 countries to encourage trade deals and avoid retaliation, the White House said.
- On July 7, 2025, President Donald Trump notified 14 nations about the implementation of new reciprocal tariffs that will take effect in the United States starting August 1.
- The new tariffs, ranging from 25% to 40%, were delayed from July 9 after a 90-day pause to allow more time for trade deals, but the August 1 deadline is not necessarily final.
- The tariffs focus on key imported goods such as household appliances, electronic devices, chemical substances, and plastic materials, amid ongoing difficulties in relocating manufacturing back to the U.S. due to deep-rooted economic obstacles.
- A 2019 study found tariffs fully pass through to domestic prices, and Federal Reserve Chair Jerome Powell noted goods inflation is expected to continue rising.
- The delay extends uncertainty for global businesses and trading partners, signaling a risk of losing momentum if deadlines slip again and stressing the need for consistent trade negotiation commitments.
37 Articles
37 Articles
US tariffs: Repeated delays and lost momentum dim Trump's manufacturing revival
On July 9, the day Donald Trump's new global tariff plan was expected to take effect, it didn't. The deadline was pushed to August 1. Trump insisted it was the final delay. But by then, something more important had already been lost. In economic decision-making, consistency is not a peripheral concern—it underpins how expectations are formed and acted upon. Announcements matter, but follow-through matters more. Investors, producers, and trade par
Economist calls out Trump for copying old tariff numbers ‘almost exactly’
As President Donald Trump rolls out a new slate of tariffs, one economist ripped the president for copying his own tariff rates introduced back in April “almost exactly,” calling the logic behind the new rates “destructive, incoherent and ridiculous” on MSNBC Wednesday.“The suggested new tariff rate for each of these countries will be almost exactly the same as what he said back on April 2,” said Australian economist Justin Wolfers on MSNBC. “Ju…
The high tariffs at the beginning of April have been paused. But now the levels are starting to rise again. We should be just as alarmed this time.
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Business TimesBOJ will hold off rate hikes until March due to US tariff hit, ex-policymaker says
TOKYO :The Bank of Japan will likely hold off raising interest rates again until at least next March to assess the damage that U.S. tariffs could inflict on the economy, former central bank policymaker Makoto Sakurai said on Wednesday.U.S. President Donald Trump on Monday ramped up his trade war by notifying
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