Internet reports that on the 7th local time, U.S. President Trump signed an executive order extending the so-called "reciprocal tariffs" suspension period and postponing the implementation time from July 9 to August 1. Trump announced the introduction of so-called "reciprocal tariffs" on April 2, triggering a sharp fall in the U.S. financial market. Under pressure from various parties, Trump announced on April 9 that he would suspend the imposition of high "reciprocal tariffs" on some trade partners for 90 days, but maintain the "benchmark tariff" of 10%.