President Donald Trump has once again delayed the sweeping import tax hikes he has threatened to impose on imports from nearly every single country by extending a Wednesday deadline to August 1 while he continues to push for foreign nations to enter into trade negotiations with him and his administration.
White House Press Secretary Karoline Leavitt on Monday told reporters that Trump would sign an executive order delaying the new taxes by three and a half weeks along with letters to a dozen foreign leaders threatening specific import tax rates unless countries take as-yet unspecified actions to reduce trade deficits.
