#TrumpTariffs Trump signed a decree on Monday extending the deadline for trade agreements with Washington by countries wishing to avoid American so-called retaliatory tariffs to August 1. Initially, the negotiations were to end on July 9.

Earlier that day, Donald Trump published online copies of letters addressed to 14 countries, announcing the introduction of new tariff rates against them starting August 1.

The rates announced on Monday are similar to the tariffs that Trump presented in early April during the so-called liberation day. At that time, the president announced a minimum rate of 10% for all countries, as well as - suspended a few days after their introduction - higher rates for nearly 60 countries with a trade surplus with the USA.

Trump then announced that the suspension of higher tariffs would last for 90 days, until July 9. During this time, the USA concluded two trade agreements - with Great Britain and Vietnam.