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Why Trump shifted the goalposts on both tariffs and Gaza

Deals do not always work to the US president’s preferred timeline. His unpredictable approach to foreign policy will keep countries and markets on edge.

Jessica Gardner

Back at work after the Independence Day long weekend, US President Donald Trump gave himself a bit of breathing room on two policy issues that have dragged on and proved particularly stubborn to resolve.

On Monday (Tuesday AEST), he was set to sign an executive order pushing the deadline for the imposition of retaliatory tariffs on trading partners to August 1, out from the original plan of July 9 – or Wednesday this week.

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Jessica Gardner is The Australian Financial Review’s United States correspondent. She was previously deputy editor - news. Connect with Jessica on Twitter. Email Jessica at jgardner@afr.com

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    Original URL: https://www.afr.com/world/north-america/why-trump-shifted-the-goalposts-on-both-tariffs-and-gaza-20250708-p5md98