‘Last Ditch Effort’: Trump’s Tariff Order Allows 7-Day Window for More Deals

President Trump’s executive order providing an additional week before country-specific tariffs are scheduled to take effect ends on August 7th. The order included revised tariff rates for nearly 100 US trading partners and could impose a universal tariff of 10% on all US imports from countries not listed. McCarter partner Zack Hadzismajlovic spoke with S&P Global about the pause and described the extension as the administration keeping “a credible threat in hand.”