US Delays Tariffs Until August 1 Amid Trade Deal Uncertainty
TL;DR Summary
Donald Trump announced a delay in implementing new tariffs until August 1, causing confusion over the timing and details of the tariffs, which has led to market uncertainty and diplomatic negotiations with trade partners.
- Trump and US commerce secretary say tariffs are delayed until 1 August, sparking confusion The Guardian
- Trump confirms ‘letter or a deal’ by July 9. Bessent says tariffs will ‘boomerang’ to April levels if no deals by August 1 CNN
- Trump says US nears trade deals as tariff effective date delayed Reuters
- Kevin Hassett says ahead of tariff deadline, "rough outlines of the deals are becoming clear" CBS News
- Treasury secretary says countries without trade deals will see tariffs 'boomerang' to April rates by Aug. 1 NBC News
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