Trump to sign order delaying tariff deadline to Aug 1: White House2Fénykép© thehindu.com

Trump to sign order delaying tariff deadline to Aug 1: White House

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President Trump is delaying the tariff deadline for countries without trade agreements with the US to August 1, releasing tariff letters to Japan and South Korea, imposing 25% rates. These tariffs could be lowered with negotiated deals but raised if retaliatory measures are considered.