ToplineTrump’s so-called reciprocal tariffs are scheduled to go into effect on August 1 after a 90-day delay—just as American families begin back-to-school shopping—and they could hike up the cost of consumer goods imported from other countries.

U.S. President Donald Trump on Wednesday said his reciprocal tariff deadline for remaining trade partners will not be extended this Friday. "The August first deadline is the August first deadline - it stands strong,