President Trump has announced — but postponed the effective date for — higher tariffs once again. Here's what to know about the latest on his tariff policy.

On July 7, his administration pushed back some of its most punishing duties by another three weeks to August, following a 90-day delay. A day later, Trump said the U.S. will impose 50% tariffs on copper, as well as 200% tariffs on pharmaceuticals.

United States President Donald Trump‘s reciprocal tariff rates began to trickle out on Monday, with the president notifying the leaders of Japan and Korea that they will face 25 per cent tariffs, while Myanmar and Laos will face 40 per cent levies.