Trump delays implementation of equivalent tariffs by one week to August 7th

According to a report by Golden Finance, on Thursday evening local time, US President Trump signed an executive order imposing tariffs ranging from 15% to 41% on goods exported from 67 trading partners to the United States, raising the tariff level to the highest level in over a century. However, the new tariffs will not take effect until August 7th, instead of the previous August 1st, which gives countries another window to try to lower tariffs through negotiations. A senior government official said, "This is historic, this is a new trade system, this is what I call the Trump Round of negotiations." White House officials said on Thursday evening that they hope to reach more agreements with countries before the new tariff implementation date of August 7th. (Golden Ten)