Trump delays tariff hike again. Here are the new tariff rates.
President Trump delays tariff deadline to Aug. 1 while adjusting rates in some countries. Here are the new tariff rates.
The president's warning was blunt strike *** deal with the United States now by August 1st or face new tariffs. President Trump posted letters to foreign leaders on social media, including two of America's top trade partners, Japan and South Korea, explaining his reasoning and urging them not to retaliate. If for any reason you decide to raise your tariffs, then whatever the number you choose to raise them by will be added on to the 25% that we charge. Letters to other countries included similar. Though rates ranged from 25% to 40%, the tariffs could hit big ticket imports like appliances, electronics, chemicals, plastics, and rubber products. Experts warn these tariffs could raise prices, but the president insists the moves will bring back manufacturing and spur economic growth. He also said that the August 1st deadline is not necessarily final. I would say firm. No, I would say firm, but not 100% firm if they call up and they say. Would like to do something *** different way. We're going to be open to that, but essentially that's the way it is right now. The administration says new deals could be announced in the coming days, but until then the clock is ticking on this new deadline in Washington, Christopher Salas.
Trump delays tariff hike again. Here are the new tariff rates.
President Trump delays tariff deadline to Aug. 1 while adjusting rates in some countries. Here are the new tariff rates.
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Updated: 5:31 PM CDT Jul 8, 2025
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President Donald Trump sent tariff letters on July 7 to multiple countries, informing them of their new reciprocal tariff rates.On April 9, President Trump announced a 90-day pause on trade tariffs above 10%. This 90-day pause order was set to end on July 9, but the president has once again delayed the tariff deadline to Aug. 1.Trump has also announced new trade tariffs.This includes a 1% increase in trade tariffs on Japan and Malaysia, as well as a 13% decrease in trade tariffs for Cambodia. Letters to these 14 countries were sent out on Tuesday informing them of the changes, according to The White House.The White House said Trump may send more letters in the coming days and weeks. For a look at the trade tariff rate of each country, refer to our tariff tracker below.PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiPiFmdW5jdGlvbigpeyJ1c2Ugc3RyaWN0Ijt3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcigibWVzc2FnZSIsKGZ1bmN0aW9uKGUpe2lmKHZvaWQgMCE9PWUuZGF0YVsiZGF0YXdyYXBwZXItaGVpZ2h0Il0pe3ZhciB0PWRvY3VtZW50LnF1ZXJ5U2VsZWN0b3JBbGwoImlmcmFtZSIpO2Zvcih2YXIgYSBpbiBlLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdKWZvcih2YXIgcj0wO3I8dC5sZW5ndGg7cisrKXtpZih0W3JdLmNvbnRlbnRXaW5kb3c9PT1lLnNvdXJjZSl0W3JdLnN0eWxlLmhlaWdodD1lLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdW2FdKyJweCJ9fX0pKX0oKTs8L3NjcmlwdD4K
NEW YORK — President Donald Trump sent tariff letters on July 7 to multiple countries, informing them of their new reciprocal tariff rates.
On April 9, President Trump announced a 90-day pause on trade tariffs above 10%. This 90-day pause order was set to end on July 9, but the president has once again delayed the tariff deadline to Aug. 1.
Trump has also announced new trade tariffs.
This includes a 1% increase in trade tariffs on Japan and Malaysia, as well as a 13% decrease in trade tariffs for Cambodia. Letters to these 14 countries were sent out on Tuesday informing them of the changes, according to .
The White House said Trump may send more letters in the coming days and weeks. For a look at the trade tariff rate of each country, refer to our tariff tracker below.
