Trump Postpones Deadline for Tariffs

Trump Postpones Deadline for Tariffs

Wake Up to Money · 2025-07-08

US President Donald Trump says countries will now have until August 1 to agree new trade deals with the White House. He’d initially set a deadline of July 9 – this Wednesday – but has pushed it back by three weeks. All the same, he’s doubled down on a threat to hit two of the US’s biggest trading partners - Japan and South Korea – with tariffs of 25% unless they reach a deal by the new date. Sean Farrington speaks to a senior US economist about this latest twist in the tariffs story. We also look at a proposal to impose a wealth tax in the UK. Would it work?

Wake Up to Money

News and views on business and the world of personal finance. Plus the very latest from the financial markets around the globe

  • No. of episodes: 73
  • Latest episode: 2025-07-24
  • Business

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