Trump trumpets 'power of tariffs' in securing trade pacts

President cites South Korea, Japan and Canada deals in signal to China

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U.S. President Donald Trump speaks to the media as Commerce Secretary Wilbur Ross, left, looks on, at the White House on Oct. 1.

ARIANA KING, Nikkei staff writer

NEW YORK -- U.S. President Donald Trump praised the use of tariffs Monday, suggesting that threatening them has helped Washington win beneficial terms in trade talks with countries like South Korea, Japan and Canada. He also warned that more levies could be in store for countries like China unless the U.S. is offered favorable treatment.

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