{"id":3612,"date":"2025-07-09T15:11:27","date_gmt":"2025-07-09T15:11:27","guid":{"rendered":"https:\/\/www.bocintl.com\/web\/?p=3612"},"modified":"2025-07-09T15:11:38","modified_gmt":"2025-07-09T15:11:38","slug":"blast-529-president-trump-modifies-tariffs-starting-august-1","status":"publish","type":"post","link":"https:\/\/www.bocintl.com\/web\/blast-529-president-trump-modifies-tariffs-starting-august-1\/","title":{"rendered":"Blast # 529 President Trump Modifies Tariffs, Starting August 1"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"170\" src=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Imagen1-3-1024x170.png\" alt=\"\" class=\"wp-image-3613\" srcset=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Imagen1-3-1024x170.png 1024w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Imagen1-3-300x50.png 300w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Imagen1-3-768x127.png 768w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Imagen1-3-1536x255.png 1536w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Imagen1-3-2048x340.png 2048w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Imagen1-3-280x46.png 280w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Imagen1-3-1320x219.png 1320w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"308\" height=\"95\" data-src=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/image-7.png\" alt=\"\" class=\"wp-image-3615 lazyload\" data-srcset=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/image-7.png 308w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/image-7-300x93.png 300w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/image-7-280x86.png 280w\" data-sizes=\"(max-width: 308px) 100vw, 308px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 308px; --smush-placeholder-aspect-ratio: 308\/95;\" \/><\/figure>\n<\/div>\n\n\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>President Trump modifies tariffs, starting August 1<\/strong><\/h2>\n\n\n\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Japan, South Korea Face 25% Tariffs as Trump Ramps Up Trade War in Letters to 14 Nations<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>By\u00a0<\/em><a href=\"https:\/\/oytfejhbb.cc.rs6.net\/tn.jsp?f=001nBkoFOKa1Umr86OQXG37hCztMo9saQurv9cF3oy7yttC5Ag0gDNHiSFZCorsovyJqrvaL62ucREB-KgXpZFF57F0nbLYTsMsKq-7ER-nd8bPs5-UuJ-1dRc4nknmjyfo4cSszhn1KyClHH76QexTWANuR7cqHXIVEruEqCg8wp5Mw7qYCu0hBw==&amp;c=M8rB1LLCERwpdnUdtm7RspZ2rrW15ZUn2EOkPT2ZL_--WmTMElaNnA==&amp;ch=ufsSdbakZ7mEOJEaL9rPeKvl5ufJOrpIPCQIxbXug5xI8pNDd1L_JQ==\">Jeff Mason<\/a><em>,\u00a0<\/em><a href=\"https:\/\/oytfejhbb.cc.rs6.net\/tn.jsp?f=001nBkoFOKa1Umr86OQXG37hCztMo9saQurv9cF3oy7yttC5Ag0gDNHiSFZCorsovyJP5IoIvcDdXtVjy8CFv0B6EgvK33GmMAr33kLimX0bnXHsaCorQh8S56G3WCyBwcZ8aVHu0pJ8sg2nBzA408tnCLIY0uTlcBvWVMYYS3tVvPweMtUiNnaHdbgCyCtNhAD&amp;c=M8rB1LLCERwpdnUdtm7RspZ2rrW15ZUn2EOkPT2ZL_--WmTMElaNnA==&amp;ch=ufsSdbakZ7mEOJEaL9rPeKvl5ufJOrpIPCQIxbXug5xI8pNDd1L_JQ==\">Bart H. Meijer<\/a><em>\u00a0and\u00a0<\/em><a href=\"https:\/\/oytfejhbb.cc.rs6.net\/tn.jsp?f=001nBkoFOKa1Umr86OQXG37hCztMo9saQurv9cF3oy7yttC5Ag0gDNHiSFZCorsovyJhoBtYg-rtFJ4CPuzCiBsivFfVuBDjJO6SFfdWDxQSN1BD7kGZJFarqFW_-rPefkN1A_0RMQZvGMvG7zsr1-huIg6qxpz1Pnn6b1P7UEnDoWTKl2gEYWJdttSI3THAfCH&amp;c=M8rB1LLCERwpdnUdtm7RspZ2rrW15ZUn2EOkPT2ZL_--WmTMElaNnA==&amp;ch=ufsSdbakZ7mEOJEaL9rPeKvl5ufJOrpIPCQIxbXug5xI8pNDd1L_JQ==\">David Brunnstrom<\/a><br><em>July 8, 2025 2:50 AM EDT Updated 5 hours ago<\/em><br><em>Excerpted from Reuters,\u00a0<\/em><a href=\"https:\/\/oytfejhbb.cc.rs6.net\/tn.jsp?f=001nBkoFOKa1Umr86OQXG37hCztMo9saQurv9cF3oy7yttC5Ag0gDNHiSFZCorsovyJRx4HdtGhrWMhzPCvITMeT-I4OFFA0j3oPi9uEbEgEXNU6LqNn0hGhr-rqkOz1PiyfT-DSIx1G4Alkd1OKj13Y0gjMCXO_Npl_SZwD_CuEZarmvjFHvD0pmtOm3ANiPmk4vTdhRAXgYa3jUWzyngalqju9bRsBiZa9bkaKHN01-H57JXp_U1O8frRHJu_eBVsDjS9IqjsA5NhJHAnHZ4UtUvufjPvsu-H&amp;c=M8rB1LLCERwpdnUdtm7RspZ2rrW15ZUn2EOkPT2ZL_--WmTMElaNnA==&amp;ch=ufsSdbakZ7mEOJEaL9rPeKvl5ufJOrpIPCQIxbXug5xI8pNDd1L_JQ==\">https:\/\/www.reuters.com\/world\/eus-von-der-leyen-had-good-exchange-with-trump-over-phone-commission-says-2025-07-07\/<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"776\" height=\"539\" data-src=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/blast-529.png\" alt=\"\" class=\"wp-image-3616 lazyload\" data-srcset=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/blast-529.png 776w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/blast-529-300x208.png 300w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/blast-529-768x533.png 768w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/blast-529-269x187.png 269w\" data-sizes=\"(max-width: 776px) 100vw, 776px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 776px; --smush-placeholder-aspect-ratio: 776\/539;\" \/><\/figure>\n\n\n\n<p>WASHINGTON\/BRUSSELS, July 7 (Reuters) &#8211; U.S. President\u00a0<a href=\"https:\/\/oytfejhbb.cc.rs6.net\/tn.jsp?f=001nBkoFOKa1Umr86OQXG37hCztMo9saQurv9cF3oy7yttC5Ag0gDNHiSFZCorsovyJF5QEzUx3rKgkgVgnoza5tErko3DikfFdheWSDXyCjMT8VaQs39TuJ_rSSG8i8RxhRqrLqg2lazTCmCmZRNCpwSLr-K-1zN6HwVgAAccZVlQHFUX-uhWYmkK_2MDfAvID&amp;c=M8rB1LLCERwpdnUdtm7RspZ2rrW15ZUn2EOkPT2ZL_--WmTMElaNnA==&amp;ch=ufsSdbakZ7mEOJEaL9rPeKvl5ufJOrpIPCQIxbXug5xI8pNDd1L_JQ==\">Donald Trump<\/a>\u00a0on Monday ramped up his trade war telling 14 nations, from powerhouse suppliers such as Japan and South Korea to minor trade players, that they now face sharply higher tariffs from a new deadline of August 1.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/oytfejhbb.cc.rs6.net\/tn.jsp?f=001nBkoFOKa1Umr86OQXG37hCztMo9saQurv9cF3oy7yttC5Ag0gDNHiSFZCorsovyJRx4HdtGhrWMhzPCvITMeT-I4OFFA0j3oPi9uEbEgEXNU6LqNn0hGhr-rqkOz1PiyfT-DSIx1G4Alkd1OKj13Y0gjMCXO_Npl_SZwD_CuEZarmvjFHvD0pmtOm3ANiPmk4vTdhRAXgYa3jUWzyngalqju9bRsBiZa9bkaKHN01-H57JXp_U1O8frRHJu_eBVsDjS9IqjsA5PAzC5RBDaDk6Jx140UXpFN&amp;c=M8rB1LLCERwpdnUdtm7RspZ2rrW15ZUn2EOkPT2ZL_--WmTMElaNnA==&amp;ch=ufsSdbakZ7mEOJEaL9rPeKvl5ufJOrpIPCQIxbXug5xI8pNDd1L_JQ==\"><img decoding=\"async\" width=\"413\" height=\"123\" data-src=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/See-full-article-here-02.png\" alt=\"\" class=\"wp-image-3617 lazyload\" style=\"--smush-placeholder-width: 413px; --smush-placeholder-aspect-ratio: 413\/123;width:299px;height:auto\" data-srcset=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/See-full-article-here-02.png 413w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/See-full-article-here-02-300x89.png 300w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/See-full-article-here-02-280x83.png 280w\" data-sizes=\"(max-width: 413px) 100vw, 413px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/a><\/figure>\n<\/div>\n\n\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Extending the Modification of the Reciprocal Tariff Rates<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>from: whitehouse.gov<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"856\" height=\"562\" data-src=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-08-090416.jpg\" alt=\"\" class=\"wp-image-3618 lazyload\" data-srcset=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-08-090416.jpg 856w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-08-090416-300x197.jpg 300w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-08-090416-768x504.jpg 768w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-08-090416-280x184.jpg 280w\" data-sizes=\"(max-width: 856px) 100vw, 856px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 856px; --smush-placeholder-aspect-ratio: 856\/562;\" \/><\/figure>\n\n\n\n<p>Sec.\u00a02.\u00a0Tariff Modifications.\u00a0The Harmonized Tariff Schedule of the United States (HTSUS) shall be modified, effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on July 9, 2025, by suspending headings 9903.01.43 through 9903.01.62 and 9903.01.64 through 9903.01.76, and subdivisions (v)(xiii)(1)-(9) and (11)-(57) of U.S. note 2 to subchapter III of chapter 99 of the HTSUS, until 12:01 a.m. eastern daylight time on August 1, 2025.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"485\" height=\"123\" data-src=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/See-full-Executive-Action-here-03.png\" alt=\"\" class=\"wp-image-3619 lazyload\" style=\"--smush-placeholder-width: 485px; --smush-placeholder-aspect-ratio: 485\/123;width:304px;height:auto\" data-srcset=\"https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/See-full-Executive-Action-here-03.png 485w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/See-full-Executive-Action-here-03-300x76.png 300w, https:\/\/www.bocintl.com\/web\/wp-content\/uploads\/2025\/07\/See-full-Executive-Action-here-03-280x71.png 280w\" data-sizes=\"(max-width: 485px) 100vw, 485px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/figure>\n<\/div>\n\n\n<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026..<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.. President Trump modifies tariffs, starting August 1 \u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.. Japan, South Korea Face 25% Tariffs as Trump Ramps Up Trade War in Letters to 14 Nations By\u00a0Jeff Mason,\u00a0Bart H. Meijer\u00a0and\u00a0David BrunnstromJuly 8, 2025 2:50 AM EDT Updated 5 hours agoExcerpted from Reuters,\u00a0https:\/\/www.reuters.com\/world\/eus-von-der-leyen-had-good-exchange-with-trump-over-phone-commission-says-2025-07-07\/ WASHINGTON\/BRUSSELS, July 7 (Reuters) &#8211; U.S. President\u00a0Donald Trump\u00a0on Monday ramped up his trade<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[507],"tags":[],"class_list":["post-3612","post","type-post","status-publish","format-standard","hentry","category-the-boc-blast"],"_links":{"self":[{"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/posts\/3612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/comments?post=3612"}],"version-history":[{"count":1,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/posts\/3612\/revisions"}],"predecessor-version":[{"id":3620,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/posts\/3612\/revisions\/3620"}],"wp:attachment":[{"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/media?parent=3612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/categories?post=3612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bocintl.com\/web\/wp-json\/wp\/v2\/tags?post=3612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}