India, Feb. 15 -- Latest in the series of his sweeping import levies, US President Donald Trump on Friday announced plans to introduce new tariffs on automobiles as part of his bid to reshape global trade dynamics and encourage companies to shift production to the United States.

"We are going to do that on, around April 2," Donald Trump said on Friday while signing executive actions on energy policy in the Oval Office of the White House.

This move marks the latest chapter in an escalating 'trade war' as Donald Trump follows through on his campaign promises to impose aggressive tariffs on both US allies and rivals.

The announcement comes just one day after Donald Trump revealed his most ambitious measure in connection with the same, rec...