WATCH: Donald Trump claims the US has been 'looted, pillaged and plundered' by the rest of the world

US President Donald Trump has claimed that foreign countries "friend and foe" have "looted, pillaged, raped and plundered" the US, as he laid out reciprocal tariffs for countries around the world.

The President has vowed to sign an "historic executive order instituting reciprocal tariffs on countries throughout the world".

"Reciprocal. That means they do it to us and we do it to them. Very simple. Can't get any simpler than that," he said.

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