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Trump Extends Tariff Deadline to August 1, Sends United States Tariff Letters

The extension aims to pressure trading partners into sealing quick deals by offering a narrow reprieve before steeper reciprocal duties take effect

U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. REUTERS/Carlos Barria/File Photo
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FILE - Shoppers shop electric rice cookers imported from Japan and Korea at the H Mart in Niles, Ill., April 3, 2025. (AP Photo/Nam Y. Huh, File)
President Donald Trump walks on the south lawn of the White House on July 06, 2025 in Washington, DC. President Trump is returning from a 4th of July weekend in Bedminster.

Overview

  • The administration extended its pause on steeper reciprocal tariffs to August 1 to press partners for faster deal-making.
  • Beginning July 7, the White House will distribute “United States Tariff Letters” detailing non-negotiable base and country-specific rates.
  • President Trump threatened an extra 10 percent duty on imports from any nation he deems aligned with “Anti-American” BRICS policies.
  • So far only the United Kingdom and Vietnam have reached deals to maintain or reduce their tariff rates.
  • Treasury Secretary Scott Bessent said the US is close to securing several additional trade pacts and anticipates major announcements in the coming days.