Donald Trump says more tariff letters coming! US President warns no extension on August 1 deadline; ‘there has been no change…’

US President Donald Trump on Tuesday firmly declared that sweeping new tariffs on foreign imports will come into effect from August 1, 2025, warning that no further extensions will be granted. Taking to his Truth Social platform, Trump wrote, “As per letters sent to various countries yesterday, in addition to letters that will be sent today, tomorrow, and for the next short period of time, TARIFFS WILL START BEING PAID ON AUGUST 1, 2025.”“There has been no change to this date, and there will be no change.”He added that all payments would be due starting August 1, 2025, with no extensions to be considered. “Thank you for your attention to this matter,” he concluded.

This latest statement sharply contradicts Trump’s earlier comments when he had suggested the deadline was “firm, but not 100 percent firm,” leaving some room for last-minute negotiations.US treasury secretary Scott Bessent had previously said the tariffs would not take effect until August 1, in an effort to allow more time for negotiations. Earlier on Sunday, while boarding Air Force One, Trump had told reporters he planned to send out “12, could be 15” letters the following day to countries across the globe. Hours later, he confirmed via Truth Social that the letters would begin going out from 12:00 p.m. (Eastern) on Monday, July 7. The letters, addressed to more than a dozen nations including Japan, South Korea, Indonesia, Bangladesh, Thailand, South Africa and Malaysia, outline tariffs ranging from 25% to 40%, unless trade deals are reached before the August 1 deadline. Japan and South Korea, both key US trading partners, have already received notices confirming 25% duties from that date.India, is also currently in talks for the trade deal, which Trump claimed were very close to be finalised.On April 2, which Trump called “Liberation Day,” he announced the first wave of tariffs, including a 10% duty on most imports and significantly higher rates for certain countries, including several EU members. However, the duties were put on hold for 90 days, setting an initial deadline of July 9, a pause that ultimately laid the groundwork for the new enforcement date of August 1.