Trump Delays Tariff Deadline Again: What This Could Mean For Tech Prices

This follows last-minute talks by the EU, Japan, and South Korea to strike trade deals and avoid steep US tariffs.

The clock on America’s sweeping new tariff regime has been reset again, with the deadline for implementation pushed back to August 1. When the new rates take effect, consumer tech prices are likely to rise.

Not the first time the tariff deadline has been extended

On April 2, Trump announced that the US would be imposing a 10% baseline tariff on all imports and additional “reciprocal” tariffs targeting countries with which the US runs a trade deficit, aiming to promote domestic manufacturing and address perceived trade imbalances. However, just a week later, he suspended them for 90 days to allow time for trade negotiations that would ease the market turmoil.

The pause was initially scheduled to end on Wednesday, July 9, but it has been extended to August 1 ...