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US Gives Trading Partners Until August 1 to Cut New Trade Deals

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Shipping containers with various country flags, including the US, UK, China, India, Brazil, Canada, Japan, and the EU, surrounded by red ribbons, symbolizing international trade and global connections.

A pause on U.S. tariffs levied against many of its trading partners that was expected to expire this coming week on July 9 has now been pushed back to August 1, U.S. Treasury Secretary Scott Bessent said today on CNN.

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