India, Aug. 1 -- President Donald Trump on Thursday signed an executive order imposing reciprocal tariffs between 10% and 41% on imports to the United States from several countries and territories.
According to Reuters, the new rates include a 25% tariff on exports from India, 20% on those from Taiwan, and 30% on goods coming from South Africa.
Trump also signed a separate order raising the tariff on Canadian imports from 25% to 35%, with the higher rate coming into force on 1 August. The increase does not apply to goods covered by the US-Mexico-Canada free trade agreement, which he negotiated during his first term.
This new rate marks an increase from the 25% tariffs he had introduced in early March under emergency powers.
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