Trump threatens 'no extensions' on new Aug. 1 tariff deadline, warns of higher import taxes

The Yale Budget Lab noted that the letters sent Monday would hike the effective tariff rate on U.S. consumers to the highest since 1934.

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Jul 8, 2025 - 18:31
Trump threatens 'no extensions' on new Aug. 1 tariff deadline, warns of higher import taxes
The Yale Budget Lab noted that the letters sent Monday would hike the effective tariff rate on U.S. consumers to the highest since 1934.