Trump on tariffs: August 1 deadline is firm but he is open to other ideas

Reuters
2025.07.07 23:45
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U.S. President Donald Trump confirmed that the August 1 deadline for new tariffs is firm, but he is open to alternative proposals from trade partners. He indicated a willingness to consider extensions if countries suggest different approaches. This announcement marks a significant escalation in the ongoing trade war, affecting both major suppliers like Japan and South Korea and smaller nations.