“President Trump decided to delay the implementation of his so-called reciprocal tariffs to Aug. 1 after advisers including Treasury Secretary Scott Bessent told him he could get trade deals with more time,“ the Wall Street Journal reports.
“Administration officials including Bessent felt as if they were making progress on deals with several trading partners such as India and the European Union as Trump’s previous deadline approached.”
Washington Post: Trump combats TACO reputation as White House extends tariff deadline.