New Delhi, April 2 -- United States President Donald Trump is set to announce his latest round of tariffs on India, Japan, and other countries on Wednesday. He called it 'Liberation Day' for all Americans and said it would immediately come into effect.

According to Donald Trump, the new tariffs would free the country from depending on foreign goods.

The new tariffs, introduced on what Trump calls "Liberation Day," aim to bolster US manufacturing while retaliating against countries for what he claims are unfair trade practices.

The White House had earlier slammed India for imposing a 100 per cent tariff on America's agricultural products and highlighted similar trade barriers in the EU, Japan, and Canada.

Meanwhile, the European Union ...