Goa, Feb. 21 -- United States President Donald Trump has announced his intention to impose tariffs of approximately 25 percent on imports of automobiles, semiconductors, and pharmaceuticals, with the announcement expected as early as April 2. Should these new duties be enacted, they would further escalate the president's ongoing trade conflict. Previously, he had declared 25 percent tariffs on steel and aluminum, which are scheduled to take effect in March. On Tuesday, he provided detailed information regarding additional sectors that would face new trade barriers.

On April 2, I will likely inform you that the rate will be approximately 25 percent, Trump stated to reporters at his Mar-a-Lago club when questioned about his strategy regard...