As previously reported, U.S. President Donald Trump signed an executive order on 7 July 2025 that extends the suspension of country-specific ad valorem rates of duty (reciprocal tariffs) from 9 July 2025 to 1 August 2025, which was followed by the posting of a series of letters to 14 countries on the tariff rates that would be imposed. This has since been followed by the posting of additional …