Trump declares August 1 tariff deadline ‘will not be extended’

2025-07-30 16:29:15

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Trump declares August 1 tariff deadline ‘will not be extended’ originally appeared on TheStreet.

Donald Trump took to Truth Social with his signature flair on Wednesday, declaring that the much-hyped August 1 deadline “stands strong” and “will not be extended,” calling it a “BIG DAY FOR AMERICA!!!”

“The August First Deadline is the August First Deadline,” Trump wrote in all caps. “It stands strong, and will not be extended. A BIG DAY FOR AMERICA!!!”

After a week of subdued action, major crypto assets are showing signs of modest decline, with the market remaining broadly sluggish.

Join the discussion with CryptosRUs on Roundtable here.

Bitcoin (BTC) hovered near $117,555, posting a minor 0.9% drop in the past 24 hours. Ethereum (ETH) followed suit at $3,757, down 1.9%, while XRP saw the biggest correction among top caps, despite holding at $3.05, it’s now 11.6% lower over the week. Solana (SOL) fell to $177.19, down 10.3% over the week, while BNB slipped nearly 5%, landing at $783.67.

Stablecoins like USDT and USDC held steady, indicating that large volumes remain parked on the sidelines—USDT’s 24-hour volume stood at a staggering $81.6 billion, nearly double Bitcoin’s.

The total market cap still floats around $2.3 trillion, largely carried by Bitcoin’s dominance.

Trump declares August 1 tariff deadline ‘will not be extended’ first appeared on TheStreet on Jul 30, 2025

This story was originally reported by TheStreet on Jul 30, 2025, where it first appeared.

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