Name: White House Says Trump Will Extend ‘Reciprocal’ Tariff Deadline to Aug. 1
Uploaded: 2025-07-07T21:40:00Z
Duration: 1 min 58 s
Description: President Trump sent letters to 14 countries saying tariffs ranging from 25% to 40% would go into effect Aug. 1

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President Trump sent letters to 14 countries saying tariffs ranging from 25% to 40% would go into effect Aug. 1 Photo: Evan Vucci/Associated Press

https://m.wsj.net/video/20250707/e3ccf54b-42eb-4bf8-a52e-12838297e28d/2/hls/manifest-hd-wifi.m3u8

President Trump sent letters to 14 countries saying tariffs ranging from 25% to 40% would go into effect Aug. 1

White House Says Trump Will Extend ‘Reciprocal’ Tariff Deadline to Aug. 1

Good afternoon, everyone.

Reporter: We saw the letters the president sent out on Japan and South Korea, but if any other major U.S. trading partners are getting letters today.

Sure. Yes, I can confirm. In fact, I have those letters. If you could get me the folder with the letters in them, Liz, they're right In the previous office. I have the signed letters that went out to both South Korea and Japan today. And there will be approximately 12 other countries that will receive notifications and letters directly from the president of the United States. And weeks ago, I stood at this podium and I told all of you that the president was going to create tailor-made trade plans for each and every country on this planet. And that's what this administration continues to be focused on. The president will also sign an executive order today, delaying the July 9th deadline to August 1st. So the reciprocal tariff rate or these new rates that will be provided in this correspondence to these foreign leaders will be going out the door within the next month, or deals will be made, and those countries continue to negotiate with the United States. We've seen a lot of positive developments in the right direction, but the administration, the president, and his trade team want to cut the best deals for the American people and the American worker. That's what they're focused on.

Reporter 2: Why were there not 90 deals in 90 days?

Because the rest of the world has it so good that they're dragging their heels. But the president will not allow that, that's why the letters went out. That's all I'll say.

White House Says Trump Will Extend ‘Reciprocal’ Tariff Deadline to Aug. 1

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