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International Business Times
International Business Times
Business

Trump Touts Trade Talks, China Calls Out Tariff 'Blackmail'

This year, US President Donald Trump has imposed an additional 145 percent tariff on many goods from China (Credit: AFP)

US President Donald Trump touted tariff negotiations with Japan on Wednesday while China angrily accused Washington of "blackmail" in a trade war that the WTO warns will have "severe" economic consequences for the global economy.

Trump remained upbeat about his strategy of imposing global tariffs, then negotiating individual trade agreements, with the goal of lowering barriers to US products and forcing more manufacturing to be based in the United States.

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