US Edition
What to know about Trump's shifting tariff deadline
- Following Trump’s weekend announcement, the White House plans to send 'Letters, and/or Deals' starting Monday at noon ET amid timing uncertainty over August 1 tariffs.
- The 90-day suspension of tariffs, imposed after the April 2 'Liberation Day' announcement, is expiring July 9, following market selloff concerns and negotiations delays.
- U.S. Treasury Secretary Scott Bessent states up to 15 letters will notify about 100 countries of potential return to April 2 tariffs, warning of a boomerang effect.
- Foreign trade officials are rushing to finalize deals before July 9, with most expected to meet the deadline, as high tariffs could return afterward.
- Starting August 1, 25% tariffs will be imposed on South Korea and Japan as reciprocal tariffs take effect, impacting ongoing trade negotiations.
25 Articles
25 Articles
The Trump administration has earned billions of dollars in the customs chaos, and the tariffs themselves have been less involved, and an important deadline is approaching.
On July 9, Trump could use his new tariffs as announced – and the EU could start its counter-tariffs. Trade experts explain how this could affect prices.
Trump’s Trade Deals Announced and in Progress
For many countries, the reprieve they had from Trump’s eye-watering tariffs, which were implemented on April 2 and temporarily reduced to 10% a week later, may soon be coming to an end. The 90-day pause, during which the Trump Administration pledged to negotiate deals with trading partners, expires on Wednesday, July 9, and Trump posted on Truth Social on Sunday night that the U.S. would start delivering “letters,” which is how the Administratio…
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