Trump has officially extended the temporary suspension of "equivalent tariffs" until August 1st and has sent tariff letters to multiple countries

PANews
PANews|Jul 07, 2025 23:06
According to a report by Jin Shi, on the 7th local time, US President Trump signed an executive order to extend the temporary suspension of the so-called "equivalent tariffs", delaying their implementation from July 9th to August 1st. Earlier today, it was reported that since the early morning of the 8th Beijing time, Trump has successively released his tariff letters to multiple countries on social media. As of press time, he has issued the latest tariff rate threats to 14 countries. Among them, Japan, South Korea, Kazakhstan, Malaysia, and Tunisia face a 25% tariff rate; South Africa and Bosnia have a tax rate of 30%; The tax rate in Indonesia is 32%; Bangladesh and Serbia account for 35%; The tax rate in Thailand and Cambodia is 36%; The tax rate in Laos and Myanmar is 40%. The above-mentioned tariffs will take effect on August 1st. In addition, according to Politico, the United States has proposed a trade agreement plan that imposes a 10% tariff and restrictive clauses on the European Union.
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