U.S. President Donald Trump has signed an executive order pushing back the implementation date for his proposed “reciprocal” tariffs to 1 August, according to The White House.
The implementation of new trade measures, originally set for 9 July, has been postponed. The White House said this extension allows affected countries more time to respond before tariffs take effect.
In an executive order published by The White House, President Trump extended the suspension outlined in Executive Order 14266 until 12:01 a.m. eastern daylight time on 1 August 2025.
“I have determined, based on additional information and recommendations from various senior officials, including information on the status of discussions with trading partners, that it is necessary and appropriate to extend the suspension effectuated by Executive Order 14266 until 12:01 a.m. eastern daylight time on August 1, 2025,” Trump said.
The order also confirmed that a separate tariff suspension on China, under Executive Order 14298 from 12 May, remains unchanged.
On Monday, Trump posted letters on Truth Social addressed to world leaders, notifying them of tariffs ranging from 25% to 40%. Countries include South Africa, Malaysia, Thailand, Indonesia, and others.
The most significant letters were sent to Japan and South Korea, each informed of 25% tariffs on all exports to the U.S. Trump noted these rates could be adjusted based on each country’s response and the state of bilateral relations.
This action is part of Trump’s wider plan to rebalance trade with key partners, targeting nations that apply lower tariffs to U.S. goods than those imposed on their own exports, with the aim of correcting these imbalances.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Ministe...
Five years ago today, Taliban fighters entered Kabul, completing a rapid takeover of Afghanistan as the former government collapsed....
For fishermen along Pakistan’s southwestern coast, the consequences of the U.S.-Iran conflict are being felt far from the battlefield....
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
Russian President Vladimir Putin has praised deepening ties with North Korea, saying Moscow and Pyongyang are coordinating their efforts to ensure “regional security and stability”.
Russia and Ukraine traded large-scale overnight attacks targeting energy, industrial and military facilities on Saturday, with a three-month-old baby killed and 11 people injured in a Russian drone strike on a residential building in Ukraine’s Dnipropetrovsk region.
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
Jason Arday, the former University of Cambridge professor at the centre of a plagiarism row, has been found dead. He was appointed Cambridge's youngest ever Black professor in 2023, but quit on 5 August, after being accused of lifting passages from his PhD from the work of other academics.
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment