#TrumpTariffs Former President Donald Trump’s administration has delayed the implementation of its sweeping “Liberation Day” tariff package from July 9 to August 1, 2025. The plan imposes 10% to 70% tariffs on imports from dozens of countries that fail to finalize new trade deals with the U.S. Warning letters are being sent this week to nations including BRICS members, with extra penalties likely for countries like China, India, and Russia. So far, only the UK and Vietnam have completed agreements to avoid the tariffs, while major economies like the EU and China are still negotiating. Countries that show good-faith efforts may receive limited extensions.
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