No further extension of August tariff deadline: Trump

US President Donald Trump on Tuesday (July 8) confirmed that the deadline for imposing additional tariffs on goods from over 100 countries will not be extended, saying the new measures will take effect as scheduled on August 1, reports AFP.

In a post on his social media platform Truth Social, Trump stated unequivocally: "There will be no further extensions. The tariffs take effect August 1." The statement follows earlier comments on Monday in which the former president appeared to leave room for flexibility, prompting speculation of a possible delay.

Speaking to reporters at a private dinner, Trump had described the deadline as "strict, but not 100%," raising hopes among some trading partners that Washington might soften its stance.

In April, the Trump administration announced a sweeping 10 percent tariff on imports from nearly all of its trading partners. However, implementation of specific tariff rates for dozens of countries was delayed first until July 9, then pushed back again to August 1.

On Tuesday, Trump said countries that received notification letters should consider the August 1 deadline final. "No new exemptions or time extensions will be granted," he said.

Among the hardest hit will be Japan and South Korea, with Trump confirming a 25 percent tariff on imports from both nations. Several other countries — including Indonesia, Bangladesh, Thailand, South Africa, and Malaysia — are expected to face tariffs ranging from 25 to 40 percent.

Trump has accused these nations of failing to offer reciprocal trade benefits to the United States, warning of tougher action if retaliatory steps are taken. "Those who strike back will be dealt with more firmly," he cautioned.

Some concessions, however, have been made. Countries like Laos and Cambodia will see lower tariffs than initially proposed, reflecting what administration officials described as "constructive engagement."

In letters sent to foreign leaders, Trump left the door open to future revisions, stating: "If any country demonstrates a willingness to change its trade policies, we may reconsider the contents of this letter. These tariffs are adjustable based on the strength of our relationships."