#TrumpTariffs 📅 What’s Gone Down

Tariff freeze extended: An executive order signed July 7 extended the pause on steep reciprocal tariffs from the original July 9 deadline to August 1, 2025 .

**“Tariff letters” sent**: Formal notices were dispatched to 14–20 countries—including Japan, South Korea, Malaysia, Bangladesh, South Africa, Laos, and others—warning new tariffs of 25%–40%, with some reaching as high as 70% depending on bilateral relations .