Trump’s Tariffs Will Take Effect On Aug 1: Lutnick
Written By:
Last Updated:
Trump’s country-specific tariffs will take effect on August 1, Commerce Secretary Howard Lutnick confirmed. Trump indicated deals or warning letters will be finalized by July 9, offering a brief reprieve for trade partners. Letters begin going out Monday. While some agreements are in place, Trump is still finalizing rates and arrangements with various nations.