US President Donald Trump has declared that he will tariff the entire world, as the United States gears up for what he has called “Liberation Day” on April 2. His announcement came aboard the Air Force One. In the coming days, we would impose tariffs on “all countries”, he said.

Till now, the talk in Washington was about reciprocal tariffs on nations that levy an import duty on US goods and services and those with which the US has trade imbalances. But that is not the case, as Donald Trump has said.

We would start with all countries, so let’s see what happens,” President Trump told reporters onboard the presidential aircraft.

China has already been penalised as President Trump’s tariffs on steel and aluminum imports, as well as several other Chinese goods, are currently in place. Tariffs on auto imports are also scheduled to be effective from April 3.