Original article by Callum Jones
The Guardian – Page: Online : 9-Jul-25

US President Donald Trump has ruled out another extension to the reciprocal tariffs deadline, which has already been pushed back to 1 August. Trump has also advised that more countries will be informed of their new tariffs in coming days; Japan and South Korea are among the 14 countries that have already received letters advising that they will face tariffs of up to 40 per cent. Meanwhile, Trump has announced punitive tariffs on a range of imports; this includes a tariff of 50 per cent on copper and up to 200 per cent on foreign-made drugs, although he indicated that pharmaceutical companies will be given at least a years’ notice.

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT