The tariff time bomb

With the 90-day pause on reciprocal tariffs expiring on July 9th, President Trump's trade negotiations with key partners remain at an impasse. On July 7th, he signed an order allowing the pause to lapse on August 1st and sent formal notices to 14 countries, announcing that new tariff rates would take effect that same day. Tariffs have become both a bargaining chip and a blunt instrument in his push to revive U.S. manufacturing. But beyond the slogans, global supply chains are under strain, and American manufacturers are feeling the pressure.