Contrary to speculation, the official deadline for the United States’ trading partners to finalise tariff deals with the Trump Administration remains July 9 and not August 1.
However, the higher tariffs previously paused are set to be reinstated on August 1 if no agreements are reached.
The Trump Administration announced a 90-day suspension of certain tariffs in April, with the pause scheduled to expire on July 9. This date marks the deadline for countries to either secure trade agreements or receive formal notifications regarding tariff rates.
President Trump and Commerce Secretary Howard Lutnick have confirmed that while most countries will have either a letter or a deal by July 9, the tariffs themselves will revert to their higher April levels on August 1 if negotiations fail.
Treasury Secretary Scott Bessent emphasised that August 1 was not a fresh deadline for talks but rather the date on which tariffs would be enforced again, allowing some countries a brief window beyond July 9 to finalise arrangements.
The Trump administration has reiterated that Wednesday (July 9) remains the critical date for concluding trade discussions or receiving tariff notifications.
This clarification aims to dispel confusion surrounding the timeline and underscores the urgency for US trading partners to engage promptly with the administration.