India, March 31 -- US President Donald Trump has promised to unleash a fresh round of tariffs targeting both allies and adversaries alike, signaling an aggressive stance on trade policy as he approaches what he has dubbed "Liberation Day" this Wednesday.

Trump's latest salvo of tariffs would follow a pattern of escalating trade measures throughout the year.

In February, he first announced a 25 percent tariff on goods from Canada and Mexico, linking these measures to his broader immigration agenda. His demand for stricter action on illegal immigration and the smuggling of fentanyl from these nations prompted the initial tariff action. Though the administration postponed implementation to March and granted temporary relief to the auto ind...