Lutnick says tariffs set in place Aug 1: 'No extensions. No more grace periods.'

Why did Trump fire the labor statistics chief? How are new tariffs impacting global markets? What caused Tesla’s stock to fall recently? Why are US job growth numbers disappointing? How is AI spending affecting Big Tech profits? What’s behind Figma’s record-breaking IPO? How did weak jobs report affect Treasury yields?

Lutnick says tariffs set in place Aug 1: 'No extensions. No more grace periods.'

thehill.com/business/trade/5422723-lutnick-tariffs-aug-1-no-extensions

Commerce Secretary Howard Lutnick said on Sunday that President Trump would not grant any further extensions to countries wishing to negotiate trade deals ahead of the Aug. 1 deadline.
“No extensions, no more grace periods. Aug. 1, the tariffs are set,” Lutnick said in an interview on…

This story appeared on thehill.com, 2025-07-27 19:02:14.