US delays higher tariffs but announces new taxes for some countries - Echo Global News

Tuesday, July 8, 2025

US delays higher tariffs but announces new taxes for some countries



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The latest development comes as a 90-day pause the White House placed on some of its most aggressive import taxes was set to expire this week.

The president renewed his threat of a 25% tax on products entering the country from Japan and South Korea and shared a batch of other letters to world leaders warning of levies from 1 August.

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