US EditionWhite House: Trump to Extend ‘Reciprocal’ Tariff Deadline to Aug. 1
- President Donald Trump extended the deadline for 'reciprocal' tariffs on imports from 14 countries to August 1, 2025.
- Trump delayed the original July 9 deadline to finalize trade details believed to benefit American workers and manufacturing, as explained by White House Press Secretary Karoline Leavitt.
- The tariffs include 25% rates on goods from Japan, South Korea, Malaysia, and Kazakhstan, with higher rates ranging up to 40% on Laos, Myanmar, and South Africa, and letters announcing these rates were sent to the countries' leaders.
- Stock futures fell sharply following the announcement, with Dow Jones futures dropping 127 points and the S&P 500 and Nasdaq futures down 0.24% and 0.19% respectively, reflecting market uncertainty over tariff escalations.
- The tariff extension signals continued trade tensions that have led companies to limit dividend increases amid worries about inflation, employment, and global policy uncertainty.
207 Articles
207 Articles
US President Trump wants to convince other countries to conclude deals with the US with his customs threats. Wolfgang Landmesser reports on what this policy means for US companies.
The White House has extended the deadline for the new trade agreements until the beginning of August – and in doing so it also slightly adapts the tariff rates threatened. Bilateral letters now inform the countries.
President Sends Letter of Formal Notice: Trump Postpones the Deadline for Customs Duties to 1 August
The US President remains on a zigzag course in customs policy: the import duties announced in April should actually take effect from Wednesday. But now there is an extension of the deadline - and new threats, especially against Asian trading partners.
InsideNoVA.com
Tariffs postponed another few weeks per latest executive order
(The Center Square) – In a late-afternoon executive order Monday, President Donald Trump postponed the reciprocal tariffs he announced on April 2 for a second time, to Aug. 1. The pause was announced less than 48 hours before the original…
Trump floats high tariffs on Japan, Korea and more countries by Aug. 1 • Missouri Independent
President Donald Trump is displayed on a television screen as traders work on the floor of the New York Stock Exchange on April 7, 2025 in New York City. Markets around the world fell dramatically as global leaders, businesses and economies tried to understand and come to terms with Trump's tariff policy. (Photo by Spencer Platt/Getty Images)President Donald Trump on Monday threatened tariffs from 25% to 40% on all goods from seven countries, in…
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