President Trump has officially postponed the start date of the country-specific reciprocal tariffs from July 9 to August 1 via a new Executive Order. Originally announced on April 2 and paused for 90 days on April 9, these tariffs are now set to take effect at 12:01 a.m. ET on August 1, 2025—unless trade negotiations show meaningful progress.

The move comes as the Administration evaluates ongoing discussions with key trading partners. Notably, this delay does not affect tariffs related to China, which remain governed by a separate Executive Order from May.

The Harmonized Tariff Schedule (HTSUS) will be modified accordingly to reflect the extension.

Shapiro is closely monitoring the current trade environment and will keep you apprised of any changes or updates as they arise.