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Trump says Aug. 1 tariff deadline ‘not 100 percent firm’

  • Trump announced that he would impose 25% tariffs on imports from Japan and South Korea starting August 1, alleging their trading relationships with the US were 'far from reciprocal'.
  • Trump also slapped tariffs ranging from 25% to 40% on imports from countries like Indonesia, Bangladesh, Thailand, South Africa, and Malaysia.
  • Trump said the August 1 tariff deadline was 'firm, but not 100 percent firm' and that he would consider different offers from trading partners.
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Wall Street Pit broke the news in on Monday, July 7, 2025.
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