Trump officially extended the moratorium on "reciprocal tariffs" to August 1.
Jin10 data reported on July 8, local time on the 7th, that U.S. President Trump signed an executive order to extend the so-called "reciprocal tariffs" postponement period, delaying the implementation date from July 9 to August 1. Trump announced the imposition of the so-called "reciprocal tariffs" on April 2, triggering a big dump in the U.S. financial markets. Under pressure from longer positions, Trump announced on April 9 to postpone the imposition of high "reciprocal tariffs" on some trade partners for 90 days, but maintained a 10% "Benchmark tariff."