Trump says August 1st tariff deadline won't be extended

Donald Trump is sticking firmly to his August 1 deadline for implementing tariffs on countries that fail to reach new trade agreements with his administration.

“THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE – IT STANDS STRONG, AND WILL NOT BE EXTENDED,” he declared in a Truth Social post on Tuesday. “A BIG DAY FOR AMERICA!!!”

Throughout his second term, the president has postponed tariff deadlines multiple times to allow trade partners more room for negotiation.

When he first announced the August 1 date earlier this July, Trump described it as “firm, but not 100% firm.”

“If they call up and say, ‘we’d like to do it a different way,’ I’d be open to that,” he told reporters at the time.

He noted that the tariffs—outlined in formal notices sent to countries facing the potential import taxes—could still be adjusted “upward or downward” depending on the status of U.S. relations with each nation.

In the lead-up to the deadline, Trump said he had reached several verbal agreements on trade with countries in both the European Union and Asia, although those deals have not yet been finalized in writing.

However, some nations have yet to come to terms with the U.S. ahead of the cutoff. On Tuesday, Trump said India would face a 25% reciprocal tariff, along with an additional penalty, beginning in August.

“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,” the president stated on Truth Social.

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