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U.S. Tariffs Delayed to August 1 Amidst Widespread Confusion

U.S. Tariffs Delayed to August 1 Amidst Widespread Confusion

U.S. Tariffs Delayed to August 1 Amidst Widespread Confusion The Trump administration today announced a critical delay in new tariffs, pushing their implementation to August 1. The decision, confirmed by President Trump and the U.S. Commerce Secretary, has triggered significant confusion among trade partners and analysts. The administration plans to begin sending formal letters detailing the revised tariff rates to affected nations, a move coming just ahead of the original 90-day deadline set for trade negotiations. This unexpected shift raises…

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US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms

US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms

US Tariffs Poised to Revert to Steep April Levels by August 1, Treasury Confirms WASHINGTON — The United States is set to re-impose steep country-by-country tariff rates starting August 1, Treasury Secretary Scott Bessent announced Sunday. This move signals an end to a temporary pause in tariff rates and aims to accelerate trade deal negotiations. Speaking on CNN’s “State of the Union,” Bessent stated, “President Trump’s going to be sending letters to some of our trading partners saying that if…

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