President Trump on Tuesday insisted the August 1 tariff deadline set this week in letters to U.S. trading partners is firm and won't change. Why it matters: It's the opposite of what he said Monday night.

President Trump on Tuesday insisted there would be “no extensions” on tariffs set to go into effect on dozens of countries on Aug. 1, despite saying a day earlier that the deadline was

The president noted that U.S. negotiators remained open to offers from trading partners, suggesting that tariffs could be reduced by — or even after — the deadline on Aug. 1.