Tuesday, 02 January 2024 12:17 GMT

US Says Tariff Deadline Of Aug 1 Is Firm, No Extensions


(MENAFN- The Peninsula) AFP

Washington: The US deadline of August 1 for imposing tariffs on its trading partners is firm and there will be no extensions, Commerce Secretary Howard Lutnick said Sunday.

"So no extensions, no more grace periods. August 1, the tariffs are set. They'll go into place. Customs will start collecting the money, and off we go," Lutnick told "Fox News Sunday."

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