W ASHINGTON—President Trump decided to delay the implementation of his so-called reciprocal tariffs to Aug. 1 after advisers including Treasury Secretary Scott Bessent told him he could get trade deals with more time, according to people familiar with the matter.

President Donald Trump's tariff trade war is escalating again today as his deadline for new trade deals expires. Now, today, the president says he'll announce trade deals with half of the countries he was targeting this morning and more this afternoon,

President Donald Trump and his administration are racing to get trade deals done ahead of a self-imposed deadline, at which point tariffs are set to rise for dozens of countries across the world.