<h1>US President Signs Order Imposing Reciprocal Tariffs on Trading Partners with Higher Rates than America's 3.3% Average</h1> The US President signed an executive order implementing reciprocal tariffs, highlighting disparities in tariff rates between the US and trading partners. The order specifically mentions India's 52% tariffs on US goods, for which the US will now impose a 'discounted reciprocal tariff' of 26%. The President characterized this as addressing trade imbalances, noting the US has among the lowest average tariff rates (3.3%) compared to countries like India (17%). Examples cited include passenger vehicles (US: 2.5%, India: 70%) and apples (US: duty-free, India: 50%). A 10% baseline tariff on all countries takes effect April 5, with higher individualized tariffs for major trade deficit countries starting April 9.