Trump to extend key tariff deadline to August 1 as he threatens new duties of up to 40% on certain countries

The trade war chaos that engulfed the early months of President Donald Trump’s second term looked set to return Monday as he threatened two major U.S. trading partners with higher duties — while a key negotiating deadline was pushed back.

Jul 7, 2025 - 22:00
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Trump to extend key tariff deadline to August 1 as he threatens new duties of up to 40% on certain countries
The trade war chaos that engulfed the early months of President Donald Trump’s second term looked set to return Monday as he threatened two major U.S. trading partners with higher duties — while a key negotiating deadline was pushed back.

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