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Trump Officials Unveil New, Delayed Deadline for Tariffs
- U.S. President Donald Trump announced on Sunday via Truth Social a new August 1 deadline for implementing sweeping tariffs if trade deals are not reached.
- This deadline extends the original July 9 tariff truce that paused hikes to allow ongoing negotiations with major trading partners including the EU, Japan, and Vietnam.
- Treasury Secretary Scott Bessent confirmed active talks with 18 partners and expected several deal announcements while stating that tariffs would revert to April 2 levels if deals fail.
- Following the July 4 holiday, S&P 500 futures dropped 0.5%, reflecting market concerns, while Trump stated, “They’re going to be tariffs,” emphasizing no exemptions.
- The delayed deadline suggests continued U.S. pressure for trade agreements but also increased economic uncertainty as multiple parties race to finalize deals before August 1.
15 Articles
15 Articles
Trump officials reveal another new tariff deadline
(The Hill) -- President Donald Trump is set to send out the first batch of letters on Monday to other nations informing them of new tariff rates, but those tariffs won’t go into effect until Aug. 1, White House officials said. Trump has in recent days teased that his administration will begin informing countries of the tariff rate they will pay to do business in the United States, essentially punting on efforts to broker trade deals with dozens …
der Standard AT
der Standard DETrump wants to inform other states in "letters" about new tariffs, even the first "deals" should already exist. As always, Trump has everything inconcrete.
KRQE News 13
The HillTrump officials unveil new, delayed deadline for tariffs
(The Hill) -- President Donald Trump is set to send out the first batch of letters on Monday to other nations informing them of new tariff rates, but those tariffs won’t go into effect until Aug. 1, White House officials said. Trump has in recent days teased that his administration will begin informing countries of the tariff rate they will pay to do business in the United States, essentially punting on efforts to broker trade deals with dozens …
U.S. tariffs to kick in Aug 1, barring trade deals: Bessent
U.S. tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury Secretary Scott Bessent said Sunday. The rates will "boomerang back" to the sometimes very high levels that President Donald Trump had announced on April 2 --…
Trump confirms August 1 deadline for countries to reach trade deals or face tariff increases
President Donald Trump and Secretary of Commerce Howard Lutnick confirmed Sunday that if countries do not strike a trade deal with the U.S. by August 1, they will revert to levels set in April.Trump and Lutnick spoke with reporters before departing Bedminster, New Jersey on Sunday evening, when they were asked several questions regarding tariffs and trade deals.Trump told one reporter his administration could be sending 12 to 15 letters out to d…
KITV4 News
KRDOTrump confirms ‘letter or a deal’ by July 9. Bessent says tariffs will ‘boomerang’ to April levels if no deals by August 1
(CNN) — Treasury Secretary Scott Bessent said tariff letters will be sent to about 100 countries over the next several days, as the Trump administration’s 90-day tariff pause comes to an end Wednesday.
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