US EditionTrump 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.
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77 Articles
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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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