Lutnick Says Trump’s Tariffs Will Take Effect on August 1

President Donald Trump’s country-by-country tariffs will take effect Aug. 1, Commerce Secretary Howard Lutnick said, signaling some breathing room for US trading partners ahead of a July 9 deadline previously set by the president.

“I think we’ll have most countries done by July 9, either a letter or a deal,” Trump told reporters Sunday before boarding Air Force One to head back to Washington from a weekend in New Jersey. He suggested that letters with looming tariff increases will start going out Monday and “some will be going out on Tuesday.”

Howard Lutnick speaks to members of the media before boarding Air Force One at Morristown Municipal Airport in Morristown, New Jersey, on July 6.

Photographer: Brendan Smialowski/AFP/Getty Images

“We made deals also, so we’re going ...