{"id":45654,"date":"2025-07-07T15:00:04","date_gmt":"2025-07-07T12:00:04","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=45654"},"modified":"2025-07-07T13:25:31","modified_gmt":"2025-07-07T10:25:31","slug":"trump-tightens-tariffs-breaking-news-from-the-us","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trump-tightens-tariffs-breaking-news-from-the-us\/","title":{"rendered":"Trump Tightens Tariffs: Breaking News from the US!\u00a0"},"content":{"rendered":"<p><span data-contrast=\"auto\">A new development occurred in the tariff process initiated by <strong>US President Donald Trump<\/strong> against <a href=\"https:\/\/coinengineer.net\/blog\/us-china-trade-talks-begin-in-london\/\"><strong>China<\/strong><\/a> and other trade partners. Treasury Secretary Scott Bessent announced that the previously declared <a href=\"https:\/\/coinengineer.net\/blog\/trump-tariffs-upheld-in-court-what-does-it-mean\/\"><strong>90-day tariff<\/strong><\/a> delay, which was supposed to end on <strong>July 9<\/strong>, has been extended until <strong>August 1<\/strong> to allow time for agreements to be finalized. For countries where no agreement is reached, the previous <strong>higher tariffs<\/strong> will be reinstated.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/trump-tightens-tariffs-breaking-news-from-the-us\/#How_Will_the_Tariff_Delay_Affect_Negotiations\" title=\"How Will the Tariff Delay Affect Negotiations?\u00a0\">How Will the Tariff Delay Affect Negotiations?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/trump-tightens-tariffs-breaking-news-from-the-us\/#What_Will_Happen_to_Tariffs_from_August_Onward\" title=\"What Will Happen to Tariffs from August Onward?\u00a0\">What Will Happen to Tariffs from August Onward?\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_Will_the_Tariff_Delay_Affect_Negotiations\"><\/span><span data-contrast=\"auto\">How Will the Tariff Delay Affect Negotiations?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">This decision stems from the need to grant additional time during the negotiation process with <strong>US trade<\/strong> partners. The Secretary emphasized that if no agreement is reached during this period, tariffs will revert to their previous rates.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Meanwhile, <strong>President Donald Trump<\/strong> announced that official notifications regarding high tariffs will be sent on <strong>July 9<\/strong>. Trump said tariffs would take effect on August 1, highlighting that this is a \u201c<strong>final chance<\/strong>\u201d for some countries. He also announced a new 10% tariff decision targeting BRICS countries. Trade Secretary Howard Lutnick confirmed the tariffs would be implemented on August 1 and noted that Trump is currently \u201c<strong>setting tariff rates and agreement terms<\/strong>.\u201d This statement indicates active management of the process by the <strong>US administration<\/strong>.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">This shift in trade policy demonstrates the US\u2019s intent to act on mutual benefit principles. Bessent\u2019s statement clearly shows the US is seeking consensus with its trade partners. Additionally, the delay increases the likelihood of reaching agreements, thus minimizing potential negative impacts of trade wars.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Will_Happen_to_Tariffs_from_August_Onward\"><\/span><span data-contrast=\"auto\">What Will Happen to Tariffs from August Onward?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\"><strong>Treasury Secretary Scott Bessent\u2019s<\/strong> announcement marks a critical turning point in tariff negotiations. He stated that if no agreement is reached, tariffs will return to previous higher rates starting August 1. This <strong>declaration clarifies the US\u2019s firm<\/strong> stance on concessions.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The Secretary also noted that this delay will pave the way for mutual respect and understanding in trade relations between countries. During this time, the US will act considering the demands of the business community and its trade partners.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{}\"> <em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\">Telegram<\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new development occurred in the tariff process initiated by US President Donald Trump against China and other trade partners. Treasury Secretary Scott Bessent announced that the previously declared 90-day tariff delay, which was supposed to end on July 9, has been extended until August 1 to allow time for agreements to be finalized. For<\/p>\n","protected":false},"author":36,"featured_media":44124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,657],"tags":[20052,20050,20054,20049,20053,20056,20048,20055,20051,20047],"class_list":["post-45654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-news","category-en","tag-august-tariff-deadline","tag-brics-tariffs-impact","tag-scott-bessent-statement","tag-trade-negotiations-2025","tag-trade-policy-changes","tag-trade-war-updates","tag-trump-tariff-extension","tag-trump-trade-decisions","tag-us-china-trade-news","tag-us-tariff-update"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Tightens Tariffs: Breaking News from the US!\u00a0 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trump-tightens-tariffs-breaking-news-from-the-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Tightens Tariffs: Breaking News from the US!\u00a0 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"A new development occurred in the tariff process initiated by US President Donald Trump against China and other trade partners. 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