TIPSLIFEHACKS

New Delhi: In a firm statement that sent ripples through the business community, US Commerce Secretary Howard Lutnick has confirmed that the impending tariffs will take effect on August 1st, with absolutely no extensions or grace periods. This decisive move signals a potentially significant shift in trade relations and is prompting businesses across India and globally to prepare for the changes.

Lutnick's announcement, delivered with unwavering certainty, leaves no room for negotiation or delay. “No extensions, no more grace periods. August 1, the tariffs are set. They'll go into place,