U.S. President Donald Trump firmly ruled out the possibility of rolling back tariffs on China or any other country, stating that granting exemptions to one would mean having to grant them to all. “Once you do it for one, you do it for all,” Trump declared from the Oval Office on Friday, standing beside Defense Secretary Pete Hegseth.

The president reaffirmed his administration’s stance on applying tariffs universally and without exception, rejecting any notion of selective relief. He emphasized that the United States had been taken advantage of for decades in both trade and military agreements, often receiving little in return from partner nations. Trump cited the need to restore balance and fairness, calling out the long-standing “unfair treatment” of America by both allies and adversaries.

In a symbolic statement, Trump proclaimed that April 2 will be recognized as “Liberation Day” for the United States — a reference to the launch of a new reciprocal tariff policy. The upcoming trade strategy aims to impose equal or higher tariffs on nations that have historically restricted American exports. According to Trump, this marks a dramatic pivot in U.S. trade policy and a critical step toward reclaiming the nation’s economic strength.

“April 2nd will be liberation day for America,” Trump emphasized, asserting that the new policy will begin to reverse what he described as decades of exploitation. The initiative reflects Trump’s long-standing promise to restore American industry, reduce the trade deficit, and leverage economic power more aggressively on the global stage.

The administration has not yet released full details of the new tariff framework, but officials suggest it will initially focus on strategic sectors such as steel, technology, and agriculture — industries Trump has often championed. Supporters argue the move is a necessary correction to years of imbalance, while critics caution that it could escalate tensions and disrupt global markets.

Regardless of the divided opinions, Trump’s message was clear: the era of one-sided trade is over. With April 2 set as a milestone, the administration aims to redefine the rules of global commerce, putting America’s interests first and projecting strength across economic borders.