US extends tariff deadline to August 1

The United States has extended a July 9 deadline for ongoing tariff negotiations until August 1 for many countries, including Switzerland. +Get the most important news from Switzerland in your inbox US President Donald Trump signed a decree to this effect on Monday. China is excluded from the deadline extension as there is a separate agreement with the country. Import surcharges for other countries are off the table until August - however, many details are still open, including how the European Union and the US want to trade with each other in future. + Trump tariff shock: how Switzerland is positioning itself The trading negotiation deadline for Switzerland and the EU was due to expire on Wednesday. They have been negotiating with the US in the customs dispute for some time - the outcome is still open. What exactly the new deadline means for them was initially unclear. First tariff letters are out Trump sent out a series of letters with new tariff regulations to several countries ...