US tariffs: Trump ready to reintroduce 2 April tariffs from 1 August

Treasury Secretary Bessent announces deadline: without agreement, suspended tariffs will come back into force. Intense negotiations with the European Union

The US tariffs announced by Donald Trump in April will come into effect on 1 August, barring any last-minute agreements. This was announced by US Treasury Secretary Scott Bessent in an interview with CNN. The tariffs had been suspended until 9 July to facilitate dialogue between Washington and its main trading partners, but now the pressure is mounting.

‘The president will write to allies to inform them that, in the absence of an agreement, tariff levels will return to those of 2 April,’ Bessent said, referring to the table published months ago by Trump with tariffs on dozens of product categories from China, Europe, Canada, Mexico and other countries.

The US administration believes there is still time to avoid escalation. ‘There has been progress in negotiations with the European Union. Talks are ongoing and we will be very busy over the next 72 hours. I think we will see many agreements very soon,’ added the Treasury Secretary, suggesting that a multilateral agreement cannot be ruled out.

The return to the original tariffs, if confirmed, risks reigniting global trade tensions, with potential repercussions on the international economy already slowed by inflation, energy crises and ongoing wars. Trading partners are now looking to Washington for developments in the coming decisive hours.

THE LATEST NEWS

• International-News

Here is the text of the Sharm el-Sheikh Declaration for Peace in Gaza

14 Ottobre 2025

The text of the agreement signed by Trump, al-Sisi, al-Thani and Erdoğan for stability and security in the Gaza Strip...

Read More

• International-News

Rutte: ‘Russian hypersonic missiles can hit Rome in minutes’

13 Ottobre 2025

 -Russian hypersonic missiles, NATO alert: ‘Europe is entirely on the eastern front’- Russia poses a direct and immediate threat to...

Read More

• International-News

LIVE VIDEO All living hostages (20) handed over to Israel

13 Ottobre 2025

 -Breaking news - All the hostages, 20 to be precise, have been handed over by Hamas and are now in...

Read More

• International-News

Shooting in St Helena: at least 4 dead and 20 injured in a restaurant

12 Ottobre 2025

South Carolina in shock after armed attack in a restaurant on the island of St Helena At least four people...

Read More

• International-News

France, Macron confirms Lecornu: mixed reactions from political parties

11 Ottobre 2025

Following the appointment of Sébastien Lecornu as Prime Minister, LR and PS divided over support for the new government In...

Read More

• International-News

North Korea unveils Hwasong-20 missile during military parade VIDEO

11 Ottobre 2025

Kim Jong-un praises armed forces and unveils new Hwasong-20 intercontinental missile In its first major military parade in two years,...

Read More

(Photo: © AndKronos)