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, effective August 1, 2025, sending letters to the countries involved to inform them of the rates.
- Following the April 2 tariffs, the White House extended the July 9 pause to August 1 through an executive order amidst ongoing trade negotiations.
- President Trump signed letters to 15 countries, including Japan and South Korea with 25% tariffs, and South Africa at 30%, ahead of August 1 implementation.
- Following the tariffs announcement, U.S. stock indexes declined, with the Dow Jones dropping 637 points amid market volatility, reflecting investor concerns.
- Unless further orders are issued, full tariff rates will take effect at 12:01 a.m. on August 1, 2025, with no additional changes announced, reflecting ongoing trade negotiations.
319 Articles
319 Articles
Today should be a decisive date in international trade policy.It is no longer a decisive date.On April 9, President Donald Trump imposed a 90-day pause on the entry into force of his so-called “reciprocal currencies,” after announcing his intention to impose tariffs on virtually everyone in response to what he considers unfair trade practices against the United States. That truce ends today, but the president decided to extend it until August 1.…
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…
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