“TARIFFS WILL START BEING PAID ON AUGUST 1, 2025.,” Trump posted Tuesday morning to Truth Social, the social media website he owns. “There has been no change to this date, and there will be no change. In other words, all money will be due and payable starting AUGUST 1, 2025 - No extensions will be granted.”

The president was quick to undermine his new threat, which came after he had already delayed the original deadline.

As Wall Street traders continued to share the accusation that “Trump Always Chickens Out,” the president falsely insisted that he did not delay a tariff deadline.