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US President Donald Trump shows before landing in the Air Force, when he returns to Washington, Colombia District, Loss, Scotland, Britain, July 29, 2025.
Evelyn Hokstein | Reuters
President Donald Trump said it wouldn’t expand Friday term For his “mutual” tariffs on dozens countries restart.
“The first August term – the first August term – it is strong and will not be extended. A great day for America !!!” Trump wrote further The truth is social Wednesday morning.
Trump quickly released another post stating that the US will put 25% tariff goods from IndiaPlus “fine” for the purchase of military transfer and energy in Russia.
Earlier, Trump claimed that he would not extend the term at his mutual tariffs before continuing to do exactly that.
In early April, Trump announced that the United States will bring 10% blanket tariff almost worldwide, as well as higher individual duties up to 50% for dozens of countries.
After the days of panic and confusion of investors and world leaders, Trump stopped higher tariff rates for 90 days, which would notice them to reboot on July 9.
Trump said he has Not planned to expand This term – but two days before he arrived, he signed Executive order Date delay by August 1.
A few weeks before the new date, Trump issued letters of more than two dozen world leaders who set new import tax rates that will face their countries to the United States since August.
Most of these new tariffs were close to the level of April 2, at which Trump originally came using formula What economists criticized.
But some were much higher. For example, Brazil moved from the tariffs by 10% to the attraction of up to 50%, according to a letter from Trump, who complained about the treatment of former President Jir Bolsonar.
Trump in separate letters said it would set a new 35% tariff on goods from goods Canada and 30% collection on Mexican Imports.
Monday Trump suggested that would be Increase your global base line rate Rate about 15% or 20%.
The Trump administration at the same time suggested that the new tariffs would help the US, providing leverage in trade negotiations and profit from foreign countries – although tariffs will pay importers.
Finance Secretary Scott Igent said on Tuesday that new tariffs depend on the status of trade negotiations with the US
“I think this is not the end of the world when these tariffs on Snapback go where – from a few days to a few weeks while the countries are moving forward and trying to agree in good faith,” the infant said.
Some, including Japan and the European Union, have agreed on low tariffs in the US before Friday’s deadline under previous trade agreements with Trump.
