#TrumpTariffs – “Liberation Day” Tariffs Delayed to August 1, 2025

The Trump administration has pushed back the start date for its wide-reaching “Liberation Day” tariff plan from July 9 to August 1, 2025. This initiative would impose tariffs ranging from 10% to 70% on imports from numerous countries that haven’t secured new trade agreements with the U.S.

Warning notices are being issued this week to several nations, including BRICS members, with China, India, and Russia expected to face the heaviest penalties. So far, only the UK and Vietnam have finalized trade deals to avoid the new tariffs. Key global players like the EU and China are still in negotiations, though countries showing genuine efforts may be granted short-term extensions.

The delay has added to market uncertainty, as mixed messages from officials and a moving implementation timeline leave traders and businesses on edge. Trump is invoking emergency powers under the IEEPA to push the plan forward, despite federal court rulings that have found parts of the policy unlawful. Appeals are ongoing, and enforcement continues in the meantime.

If fully enforced, these tariffs could significantly raise costs for U.S. companies and consumers while worsening international trade relations.

#TRUMP #TradeWar #Tariffs2025