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

Earlier that day, Donald Trump posted 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 Trump presented in early April during the so-called liberation day. At that time, the president announced a minimum 10% rate for all countries and - suspended a few days after their introduction - higher rates for nearly 60 countries with a trade surplus with the U.S.

Trump then indicated that the suspension of higher tariffs would last for 90 days, until July 9. During this time, the U.S. made two trade agreements - with the United Kingdom and Vietnam.