Trump's reciprocal tariffs are delayed by one week to August 7

PANews August 1 news, on Thursday night local time, US President Trump signed an executive order to impose tariffs ranging from 15% to 41% on goods exported to the United States from 67 trading partners, raising the tariff levels to the highest level in more than a century. However, the new tariffs will not take effect until August 7, rather than August 1 before, which gives countries another window to try to lower tariffs through negotiations. "It's historic, it's a new trading system, and that's what I'm talking about Trump round negotiations." White House officials said Thursday night that they hope to reach more agreements with countries before the new tariff implementation date, August 7.

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