US EditionTrump Tariff Deadline Expires Today - Trade Minister Says 15%, 20% Possible
UNITED STATES, JUL 31 – The US aims to leverage tariffs to secure $2.85 trillion in investments and trade commitments from key partners ahead of the August 1 deadline.
- Pressure is mounting globally as the August 1 tariff deadline approaches, with the administration insisting it is non-negotiable and trade deals are being finalized.
- Originally unveiled in April, Trump’s tariffs were postponed twice and then pushed again by a July 9 executive order to August 1.
- On July 27, the EU framework reduced a threatened 30% tariff to 15% on 70% of European exports, including pharmaceuticals, semiconductors, and automobiles.
- The New Zealand sharemarket fell sharply after Trump’s tariff announcements, and the New Zealand dollar dropped by about half a US cent to US56.90c.
- Under Trump’s order, if India fails to meet the August 8 stipulation, secondary tariffs of up to 100% could follow, with tariffs ranging from 20% to 50%.
14 Articles
14 Articles
Economist analyzes Trump's tariff policy deadline approaches
With hours to go before President Trump’s deadline, dozens of countries are facing the possibility of significant tariffs that could go into effect. But there’s uncertainty around the deadline as Trump announced a 90-day extension for Mexico. Amna Nawaz discussed more with Jason Furman, an economics professor at the Harvard Kennedy School and the former head of the Council of Economic Advisers.
Economist analyzes Trump's trade deals as tariff deadline approaches
With hours to go before President Trump’s deadline, dozens of countries are facing the possibility of significant tariffs that could go into effect. But there’s uncertainty around the deadline as Trump announced a 90-day extension for Mexico. Amna Nawaz discussed more with Jason Furman, an economics professor at the Harvard Kennedy School and the former head of the Council of Economic Advisers.
As Aug. 1 Tariff Deadline Nears, Here Are the Trade Deals Signed So Far
The clock is ticking toward the Aug. 1 deadline. President Donald Trump is set to impose sweeping reciprocal tariffs on U.S. trading partners unless they can finalize bilateral trade agreements before midnight. While White House officials have called it a hard deadline, Treasury Secretary Scott Bessent said “it’s not the end of the world,” as countries can still negotiate trade deals. “I would think that it’s not the end of the world if these sn…
Trump's Tariff Tango: Navigating Global Trade Storm
Trump's Tariff Tango: Navigating Global Trade Storm As President Donald Trump's tariff hikes loom, countries worldwide are rushing to secure trade deals with the United States. The urgency comes amid a 90-day negotiation period with Mexico, preventing immediate tariff increases while the 25% rates stay intact for now.The unpredictability surrounding the tariffs has created a tense atmosphere. Trump's announcement after agreements with several na…
Inside U.S. Trade - 08/01/2025
Trump extends ‘exact same’ deal with Mexico for another 90 days Senate Democrats to force vote on Brazil tariffsCopper duties issued with exemptions for ores, refined copperKorea will be ‘completely open,’ face 15 percent tariffs under new trade deal, Trump saysChina demands answers from Nvidia on H20 security measuresWhite House science director looks to ease fears over AI export policyIndia reviewing Trump’s tariff announcement, will take ‘all…
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