In a recent Executive Order, U.S. President Donald Trump postponed the effective date for reciprocal tariffs from 12:01 EST on July 9th to 12:01 am EST on August 1st. According to Trump, “all money will be due and payable starting Aug. 1, 2025—No extensions will be granted.”
Notably, “with respect to the People’s Republic of China (PRC), the separate tariff suspension effectuated by Executive Order 14298 of May 12, 2025 (Modifying Reciprocal Tariff Rates To Reflect Discussions With the People’s Republic of China), remains in effect and is unaltered by this order.”
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