TACO not on the menu: Howard Lutnick says tariffs start August 1 with no extensions

[BumRushDaShow]

Source: The Independent

Sunday 27 July 2025 16:47 BST


Tariffs are coming on August 1 and there will be no more extensions, Commerce Secretary Howard Lutnick said. President Donald Trump imposed his “Liberation Day” tariffs in April, causing a rollercoaster stock market. A week later, he announced a 90-day pause, which has now expired, with many set to take effect Friday.

Although the world may have gotten used to Trump announcing sweeping levies before backing out of them shortly thereafter, this time, there’s no risk of TACO — the shorthand for "Trump Always Chickens Out" — the commerce secretary suggested.

"No extensions. No more grace periods. August 1, the tariffs are set. They'll go into place," Lutnick said on "Fox News Sunday.”

World leaders are still more than willing to talk to Trump after the August 1 deadline. “Between now and then, I think the president’s going to talk to a lot of people. Whether they can make him happy is another question, but the president is definitely willing to negotiate and talk to the big economies,” Lutnick continued.


Read more: https://www.independent.co.uk/news/world/americas/us-politics/howard-lutnick-trump-tariffs-b2796863.html

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Until the next extension - maybe after Labor Day because they are "still negotiating deals".

[Deuxcents]

1. Aren't there better was to communicate with world leaders other than threatening tariffs?

[wolfie001]

4. Every "deal" prolly has a side-payoff for the fat orange imbecile built in

That's the vibe I'm getting. They all need to go through the WH and that's just a ticket to punch in his corruption merry-go-round. I'm sure his bit-coin scam is part of any deal.

[Deuxcents]

5. O, I can believe that..

[cadoman]

2. there's no TACO

Until there's TACO.

[wolfie001]

3. Utter bullshit from NutLick

He's a piece of 💩 just like his cult leader.

[Marie Marie]

6. "Whether they can make him happy..."

Oh Fuuuuuck Him!! That's our man - always looking for that "happy ending" while he lays there giving nothing back. Ladies, you know what I mean.

[sheshe2]

7. I was just ready to post that quote.

FFS!
Not what is good for the country.
Not what is good for the citizens.
Not for the good of our economy.
Not for the good of our national security.

He wants what will make him happy! You want to be happy, go buy a few dozen Happy Meals, you obese prick.

[riversedge]

9. That wording caught my attention also. Hey--just praise Trump a bit and his EGO will be HAPPY!!

[C Moon]

8. You're probably right: he's going to lie and say nations are calling day and night pleading for a deal.

[Dr. T]

10. The Orange Imbecile is stupid and the other countries know this.

He's probably getting steamrolled during negotiations. Because he's stupid.