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Wednesday, November 5, 2025

Trump’s Trade Strategy Enters High Gear Ahead of Aug. 1 Tariff Deadline

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Tariffs

‘These tariffs may be modified, upward or downward, depending on our relationship with your country,’ the president said in letters to world leaders.

President Donald Trump’s trade agenda kicked into high gear this week ahead of the widely anticipated Aug. 1 deadline for imposing reciprocal tariffs.

Speaking to reporters at the White House on July 11, the president said the United States’ “friends have been worse than the foes” on trade.

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