Trump vows zero extensions on Aug 1 deadline for his worldwide tariffs
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Trump confirmed that the August 1 tariff deadline is final with no extensions allowed.
Countries without trade deals will face full reciprocal tariffs starting that date.
Stephen Miran said inflation fears are overblown and compared price hikes to a meteor strike.
President Trump on Tuesday said there would be no exceptions, no changes, and no extensions to his August 1, 2025 deadline for all countries to start paying the full set of reciprocal tariffs, confirming that the White House is done entertaining further delays.
According to a post shared on his Truth Social account, Trump wrote:
“TARIFFS WILL START BEING PAID ON AUGUST 1, 2025. There has been no change to this date, and there will be no change. In other words, all money will be due and payable starting AUGUST 1, 2025 – No extensions will be granted.”
The statement comes just one day after his administration started sending out fresh tariff notices to foreign governments who have not reached new trade agreements with Washington.
While Monday was initially seen as the final day for talks, those letters were followed by an executive order issued the same evening that quietly pushed the deadline forward by three more weeks. The decision offered trading partners some additional time to negotiate deals and avoid facing the new tariffs.
But by the time Tuesday rolled around, Trump appeared to shut that door for good. When asked by reporters if he might still consider delaying the date, he briefly said Monday night that the deadline was “not 100% firm” and hinted that the US would still consider further concessions if serious offers came in. However, that ambiguity didn’t last long.