New Delhi, April 3 -- US President Donald Trump unveiled a new tariff policy during a ceremony at the White House Rose Garden on Wednesday, labeling the occasion as "Liberation Day."

The announcement included a 26 percent tariff on imports from India, marking a significant shift in U.S. trade policy.

Regarding the tariffs on India, President Trump acknowledged his relationship with Prime Minister Narendra Modi, calling him "a great friend" while simultaneously expressing concerns about trade imbalances.

"Their Prime Minister just left. He is a great friend of mine, but I said to him that 'you're a friend of mine, but you've not been treating us right'. India charges us 52 percent, so we will charge them half of that - 26 percent," the ...