Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.

Yes—partially. Trump signed an executive action extending the start date for “reciprocal” tariffs from July 9 to August 1, giving countries more time to negotiate new trade deals. However, this pause does not include China, and several other countries are now facing immediate tariff hikes between 25% and 40%.

President Trump is sending letters urging countries to finalize trade deals as the July 9th deadline approaches, raising concerns of market instability.

Trump helped Speaker Mike Johnson pressure GOP holdouts into flipping their no votes to allow the measure to go forward in time to meet the president's self-imposed July Fourth deadline. Trump says tariff letters to be sent to 'various countries' on Monday President Donald Trump posted on Truth Social that his tariff letters "and/or deals" will be delivered to "various countries from around the world,

President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs,

By Jeff Mason, Bart H. Meijer and David Brunnstrom WASHINGTON/BRUSSELS (Reuters) - President Donald Trump on Monday began telling trade partners - from powerhouse suppliers like Japan and South Korea to minor players - that sharply higher U.