(FILES) US President Donald Trump speaks to the press after signing an executive order, alongside US Secretary of Commerce nominee Howard Lutnick (R), in the Oval Office of the White House in Washington, DC, on February 10, 2025. (Photo by ANDREW CABALLERO-REYNOLDS / AFP)
Washington: The US deadline of August 1 for imposing tariffs on its trading partners is firm and there will be no extensions, Commerce Secretary Howard Lutnick said Sunday.
"So no extensions, no more grace periods. August 1, the tariffs are set. They'll go into place. Customs will start collecting the money, and off we go," Lutnick told "Fox News Sunday."
