Three months after President Donald Trump predicted his so-called reciprocal tariff threats would bring enough countries to his door seeking trade agreements in 90 days, Trump has again put off imposing the massive import taxes after pressure from his top treasury official.
Citing sources, the Wall Street Journal reported that Trump signed an executive order Tuesday that delayed the tariff hike on almost all U.S. trading partners until August 1 at the request of Treasury Secretary Scott Bessent, who asked for more time for him and other trade negotiators to push for deals with several large trading partners.