The United States will proceed with its plan to impose new tariffs on trading partners starting August 1, with no scope for extensions, Commerce Secretary Howard Lutnick confirmed on Sunday.

“There will be no extensions, no more grace periods. August 1, the tariffs go into effect. Customs will begin collecting duties, and the process moves forward,” Lutnick said during an interview on Fox News Sunday.

President Donald Trump, who is currently in Scotland for negotiations with European Union officials, remains open to continuing discussions even after the tariffs are implemented, Lutnick added.

“They’re hoping for a deal,” he said about the EU, “but ultimately it’s up to President Trump. He’s leading the negotiations. We’ve set the table.”

So far, five countries—Britain, Vietnam, Indonesia, the Philippines, and Japan—have finalized agreements with the Trump administration ahead of the looming deadline. These agreements are part of the administration’s broader strategy to reshape global trade by imposing duties on nations it accuses of unfair trading practices.

The tariffs agreed upon in these deals are generally higher than the 10 percent base rate that the US has applied to most countries since April, though they are significantly lower than the steeper rates initially threatened.