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The Independent UK
The Independent UK
Kelly Rissman

TACO not on the menu: Howard Lutnick says tariffs start August 1 with no extensions

Howard Lutnick Donald Trump European Union Scott Bessent Scotland

Tariffs are coming on August 1 and there will be no more extensions, according to Donald Trump’s Commerce Secretary Howard Lutnick.

Trump imposed his “Liberation Day” tariffs in April, causing a rollercoaster stock market. A week later, he announced a 90-day pause, which has now expired, with many set to take effect Friday.

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