Trump delays tariff implementation to August 1... Set to notify 12 countries of reciprocal tariffs
JH Kim
Summary
- President Donald Trump announced that the tariff implementation date for most countries will be postponed to August 1.
- It was revealed that a presidential letter outlining plans for new reciprocal tariffs will be sent to 12 countries.
- The Washington Post reported that negotiations between the United States and those countries have shown positive progress.
Donald Trump, President of the United States, plans to delay the implementation date for tariffs on most countries from the original July 9 to August 1 through an executive order he is expected to sign on the 8th (local time).
According to The Washington Post on the 7th (local time), Caroline Leavitt, Press Secretary of the White House, stated, "Separate from the suspension of tariff implementation, a presidential letter outlining plans to apply new Reciprocal Tariffs will be sent to 12 countries," adding, "Additional letters will also be delivered sequentially in the coming days."
She continued, "Negotiations with those countries are ongoing, and positive progress is being made."
JH Kim
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