Trump Declares Tariffs Will Begin August 1, 2025, With No Extensions

In a strongly worded post on his platform, Truth Social, US President Donald Trump has reiterated that new tariffs will come into effect starting August 1, 2025, and stressed that there will be no extensions or exceptions granted. The statement comes amid ongoing discussions around global trade policy and signals a firm stance on economic enforcement should Trump return to office in 2025.

"...TARIFFS WILL START BEING PAID ON AUGUST 1, 2025...No extensions will be granted..," US President posted on Truth Social.

He added, "As per letters sent to various countries yesterday, in addition to letters that will be sent today, tomorrow, and for the next short period of time, TARIFFS WILL START BEING PAID ON AUGUST 1, 2025. There has been no change to this date, and there will be no change. In other words, all money will be due and payable starting AUGUST 1, 2025 - No extensions will be granted. Thank you for your attention to this matter!”

Trump Sent Formal Letters

On Monday, Trump reignited trade tensions by threatening over a dozen countries with steep new tariffs, only to later suggest he might be flexible on the August 1 deadline for reaching trade deals. Trump sent formal letters to multiple trading partners, including key US allies Japan and South Korea, stating that suspended tariffs would not only return but increase sharply within three weeks. In the letters, he said goods from Tokyo and Seoul would face 25 percent tariffs. Other countries, including Indonesia, Bangladesh, Thailand, South Africa, and Malaysia, were hit with new duties ranging from 25 to 40 percent.

Despite the aggressive tone, Trump left the door open to negotiations. Speaking at a dinner with visiting Israeli Prime Minister Benjamin Netanyahu, the 79-year-old told reporters the August 1 deadline was “firm, but not 100 per cent firm.” When asked if the letters represented a final offer, he added, “I would say final—but if they call with a different offer, and I like it, then we’ll do it.”

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