Trump says Aug. 1 tariff deadline ‘not 100 percent firm’
UNITED STATES, JUL 8 – President Trump extended the tariff deadline to August 1 while imposing rates from 25% to 40% on 14 countries to address trade imbalances, causing U.S. stock declines.
- 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.
78 Articles
78 Articles
Donald Trump, EU’s Ursula von der Leyen to meet Sunday as tariff deadline looms. What to expect?
Donald Trump is meeting with EU Commission President Ursula von der Leyen in Scotland to discuss trade and looming tariff rates. Despite enjoying golf, Trump is under pressure to negotiate an agreement as the EU threatens retaliation against American products if tariffs are imposed.
Tariff Delay Leads to Market Reprieve - Bloomberg Surveillance
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyJuly 8th, 2025 Featuring: 1) Ed Yardeni, President at Yardeni Research, joins for an extended discussion about the US equity rally and his updated S&P target amid tariff concerns. Tuesday’s steadiness in stocks reflects traders’ belief in a familiar pattern of US President Donald Trump escalating his trade war only to lat…
TACO Trump Makes Amazing Confession About His New Tariff Deadline
Donald Trump could spark more chaos and confusion in global markets after hinting that his latest deadline to impose major tariffs might once again shift on a whim. On Monday, Trump announced a sweeping new wave of 25 percent tariffs on more than a dozen countries, including key allies and trading partners such as Japan, South Korea, and Thailand. The proposed tariffs range from 25 to 40 percent unless those nations strike a deal with the U.S. b…
Trump Tariffs: These countries are the worst hit after release of presidential tariff letters
Despite the aggressive move, Trump signaled some room for negotiation, noting the August 1 deadline was “not 100 percent firm.” “Maybe adjust a little bit, depending… We're not going to be unfair,” Trump said, indicating flexibility for nations willing to make fresh concessions.
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