Trump’s ‘liberation day’ tariffs are now back on table with new August 1 deadline

US Tariff Date: US President Donald Trump has delayed his sweeping tariff hike to August 1, buying time to strike trade deals with global partners. Hes sent letters to Japan and South Korea warning of 25% tariffs unless they budge, while hinting they could drop if talks go well. As the clock ticks, European leaders scramble, markets wobble and Trump eyes even steeper duties on nations he claims back “Anti-American BRICS policies”. The coming weeks will decide if talks bear fruit or tariffs bite.