July 9, 2025- President Donald Trump said Tuesday there would be “no extensions” granted to the new Aug. 1 deadline he set Monday for U.S. trading partners to negotiate new deals or face significantly higher tariffs on goods imported from their countries, according to NBC News. President Donald Trump sent letters to 14 countries Monday outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1, according to AP News. Four out of these 14 countries face import taxes that mirror the same, so-called “reciprocal” rates Trump unveiled against dozens of trading partners in April — the bulk of which were later postponed just hours after taking effect. Eight of Monday’s letters outlined rates lower than those previously-announced amounts, while two were slightly higher, according to AP News.