• Latest
Trump Pushes Tariff Deadline to August 1

Trump Pushes Tariff Deadline to August 1

July 7, 2025

Rishab Shetty Unleashes ‘Kantara Chapter 1’ Poster; Dussehra Release Confirmed

July 7, 2025
Mahesh Babu Summoned in Land Scam

Mahesh Babu Summoned in Land Scam

July 7, 2025
Gill Leads India to Emphatic Test Win

Gill Leads India to Emphatic Test Win

July 7, 2025
Modi Meets Malaysian PM Anwar Ibrahim at BRICS Summit, Discusses Boosting Bilateral Ties

Modi Meets Malaysian PM Anwar Ibrahim at BRICS Summit, Discusses Boosting Bilateral Ties

July 7, 2025
Telangana Offers 1 Lakh+ Engineering Seats for 2025

Telangana Offers 1 Lakh+ Engineering Seats for 2025

July 7, 2025
Nifty, Sensex Open Flat; Eyes on US Trade Talks

Nifty, Sensex Open Flat; Eyes on US Trade Talks

July 7, 2025
Paayal Rocks the Ripped Look

Paayal Rocks the Ripped Look

July 7, 2025
Vishnu Priya Strikes a Bold Note in Metallic Saree Look

Vishnu Priya Strikes a Bold Note in Metallic Saree Look

July 7, 2025
Anupama Stuns in Soft Pink Saree

Anupama Stuns in Soft Pink Saree

July 6, 2025
Bobbara Beans: A Daily Superfood for Health

Bobbara Beans: A Daily Superfood for Health

July 6, 2025
Pomegranate Power: A Superfruit for All Seasons

Pomegranate Power: A Superfruit for All Seasons

July 6, 2025
Ranveer Singh Drops Explosive First Look of ‘Dhurandhar’ on Birthday

Ranveer Singh Drops Explosive First Look of ‘Dhurandhar’ on Birthday

July 6, 2025
Monday, July 7, 2025
  • Login
CredTimes.com : Formerly known as TollywoodTimes.com
720 X 90 Advertisement
ADVERTISEMENT
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education
No Result
View All Result
CredTimes.com : Formerly known as TollywoodTimes.com
Home World

Trump Pushes Tariff Deadline to August 1

Rajeshwari R by Rajeshwari R
July 7, 2025
in World
Reading Time: 3 mins read
0
Trump Pushes Tariff Deadline to August 1

Trump Pushes Tariff Deadline to August 1

6.8k
SHARES
19.5k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Trump Postpones Tariffs to August 1 as Trade Negotiations Gain Momentum

In a strategic move that signals ongoing trade diplomacy, US President Donald Trump has postponed the implementation of country-specific tariffs to August 1, providing a short-term reprieve as high-stakes negotiations continue with several nations, including India.

Originally slated to take effect on July 9, the tariffs now come with a brief extension. The announcement was made by US Commerce Secretary Howard Lutnick on Sunday, who stated that President Trump is currently “setting the rates and the deals right now.”

Speaking to reporters, Trump expressed confidence in finalizing multiple trade deals soon. “I think we’ll have most countries wrapped up by July 9, either through letters or finalized agreements,” he said. Trump added that formal notification letters warning of the impending tariff hikes would start rolling out on Monday, with more expected on Tuesday. Rather than engage in prolonged negotiations, Trump suggested a more direct approach: “This is what you have to pay if you want to do business with the United States.”

Back in April, Trump had announced a base tariff of 10 percent on most US trading partners, with provisions for additional duties that could go as high as 50 percent. So far, the US has secured trade agreements with the United Kingdom and Vietnam, with further deals reportedly in progress.

US Treasury Secretary Scott Bessent noted that the tariff deadline is likely to spur swift action. “President Trump is going to be sending letters to some of our trading partners saying that if you don’t move things along, then on August 1, you’ll revert to your April 2 tariff level. So I think we’re going to see a lot of deals very quickly,” he told CNN.

India, meanwhile, remains in negotiations. A delegation led by Chief Trade Negotiator Rajesh Agrawal recently returned from Washington without a breakthrough, particularly on sensitive issues like agricultural and dairy trade—key sticking points in discussions with the US.

In a more controversial turn, Trump also announced that an additional 10 percent tariff will be imposed on countries that “align themselves with the anti-American policies of BRICS,” suggesting a broader geopolitical edge to his trade policy.

With the August 1 deadline now set, the coming weeks are expected to be critical for shaping the next phase of America’s trade relations globally.

Tags: BRICSDonald TrumpIndia-US TradeRajesh AgrawalScott BessentTrade TalksUS Tariffs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Rishab Shetty Unleashes ‘Kantara Chapter 1’ Poster; Dussehra Release Confirmed

July 7, 2025
Mahesh Babu Summoned in Land Scam

Mahesh Babu Summoned in Land Scam

July 7, 2025
Trump Pushes Tariff Deadline to August 1

Trump Pushes Tariff Deadline to August 1

July 7, 2025
No Result
View All Result

Recent News

  • Rishab Shetty Unleashes ‘Kantara Chapter 1’ Poster; Dussehra Release Confirmed
  • Mahesh Babu Summoned in Land Scam
  • Trump Pushes Tariff Deadline to August 1
  • Gill Leads India to Emphatic Test Win

We bring you the latest updates on Indian political affairs, business trends, sports highlights, and the glitz and glamour of the entertainment world. Stay tuned for comprehensive coverage of movie releases and reviews, ensuring you're always in the know. Trust CredTimes.com to keep you informed and credible.

  • About Us
  • Privacy & Policy
  • Contact Us

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Entertainment
    • News
    • Reviews
    • Photos
    • Videos
  • Government
    • Andhra Pradesh
    • Telangana
    • India
  • World
  • Business
  • Cricket
  • Sports
  • Technology
  • Lifestyle
  • Education

© 2024 All Rights Reserved. CredTimes.com (Formerly known as TollywoodTimes.com)