U.S. President Donald Trump reiterated that August 1 is the non-negotiable deadline for wrapping up a series of bilateral trade talks, declaring in a post on Truth Social that the date "stands strong and will not be extended." He added that he expects “most, if not all” outstanding agreements to be completed by that day. Trump said negotiations with China remain "within the confines of a deal," and warned that trading partners that fail to reach accords face steep import duties. According to the president, Washington is prepared to levy tariffs of 25 % on goods from India, up to 35 % on Canadian products, and as much as 50 % on Brazilian exports beginning August 1. A 145 % duty on Chinese goods has been in force since April 9. The hard deadline underscores the administration’s readiness to use unilateral tariffs to secure concessions and could reshape supply chains if talks falter. Market participants are watching whether Canada, Brazil, India and other trading partners can conclude agreements in the final days before the new levies take effect.