The Damage Report
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Trump Plan COLLAPSES As Market Thrown Into Disaster Over Tariff Deadline
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August 1, 2025
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8:13Now PlayingDonald Trump's trade plan for 90 deals in 90 days collapses as he is revealed to have only made 5 preliminary deals in over 90 days as he deadline crashes down and the market tanks over his tariffs and disastrous jobs report. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Trump's tariff deadline arrives with fewer deals than promised
"July 31 (UPI) -- President Donald Trump's suspension of reciprocal tariffs ends Friday and the United States has only managed a small portion of his goal for new trade deals.
Trump has pushed back his self-imposed deadlines on multiple occasions during his second term but said in a post on social media on Wednesday that Friday's deadline will not be extended.
A day after the post, Trump announced a 90-day pause on new tariffs on Mexico as trade negotiations continue.
The United States has reached preliminary trade deals with at least five countries, though these framework agreements lack some publicly disclosed details. Trump has also announced an agreement with the European Union for a 15% tariff on most goods from the 27-nation bloc."
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