U.S. President Donald Trump gestures before boarding Air Force One as he returns to Washington, D.C., in Lossiemouth, Scotland, Britain, July 29, 2025.
Evelyn Hockstein | Reuters
President Donald Trump said that he will not extend Friday’s deadline for his “reciprocal” tariffs on dozens of countries to restart.
“THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE — IT STANDS STRONG, AND WILL NOT BE EXTENDED. A BIG DAY FOR AMERICA!!!” Trump wrote on Truth Social on Wednesday morning.
Trump has previously claimed that he would not extend a deadline on those tariffs, before going on to do just that.
In early April, Trump announced that the U.S. would impose a 10% blanket tariff rate nearly worldwide, along with higher individualized duties of up to 50% for dozens of countries.
After days of panic and confusion from investors and world leaders, Trump paused the higher tariff rates for 90 days, which would have seen them restart on July 9.
Trump said he had no plans to extend that deadline — but two days before it arrived, he signed an executive order delaying the date to Aug. 1.
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