Trump admin updates: Trump marks 1 year since assassination attempt in Butler, PA

Treasury Secretary Scott Bessent, at President Donald Trump's Cabinet meeting on Tuesday, was asked to discuss the impact of tariffs.

"We will have taken in about $100 billion in tariff income thus far this year," Bessent said. "And that's with the tariff -- the major tariff not having started until the second quarter. So we could expect that could be well over 300 billion by the end of the year. We don't agree with CBO scoring, but for those who do, the CBO scored tariff income over the next ten years at 2.8 trillion, which we think is probably low."

The news comes as Trump again delayed steep levies on dozens of countries that were set to take effect on Wednesday to August 1.

President Donald Trump announced that tariffs will start being collected on Aug. 1.

In a new social media post, Trump indicated that Aug. 1 is the firm date and that there will be no extensions.

“TARIFFS WILL START BEING PAID ON AUGUST 1, 2025,” Trump wrote. "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.”

His social media post comes as the president indicated on Monday evening that the Aug. 1 deadline is flexible, offering a mixed message to his previous comments.

“No, I would say, firm but not 100% firm if they call up and they say, would like to do something, a different way, whether it be open to that. But essentially, that's the way it is right now,” Trump said.

Earlier, Trump claimed all trade deals were “done."

“We've spoken to everybody we know ... I told you. We'll make some deals. But for the most part, we're going to send a letter,” Trump said.

He also signaled that the time for negotiations is over.

--ABC News' Kelsey Walsh

President Donald Trump is scheduled on Tuesday at 11 a.m. to hold a Cabinet meeting, according to the White House.

The meeting will be the president’s sixth of his second term.

-ABC News' Hannah Demissie

President Donald Trump says he's planning to send more weapons to Ukraine.

"We have to -- they have to be able to defend themselves" Trump said during a White House dinner Monday night with Israeli Prime Minister Benjamin Netanyahu. "They're getting hit very hard now. They're getting hit very hard. We're going to have to send more weapons, your defensive weapons, primarily."

Trump’s comments come after Monday's press briefing, where White House Press Secretary Karoline Leavitt was asked to walk through the decision to halt weapons to Ukraine. Leavitt stated it was the result of a standard review by the Pentagon of all weapons and aid to all countries that the U.S. supports.

"When the Secretary of Defense took office, he directed the Pentagon to conduct this review to ensure that everything that's going out the door aligns with America's interests," Leavitt said. "So it's a pause to review to ensure that everything the Pentagon is pushing out there is in the best interest of our military and our men and women in uniform."

-ABC News' Hannah Demissie