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Trump told the Wall Street Journal that it was "very unlikely" that he would accept an offer from Chinese President Xi Jinping to avoid tariff increases on more than $ 200 billion worth of Chinese goods in January.
He also warned that he would put another round of tariffs on Chinese products if the two leaders failed to end the dispute when they would meet again later this week in Buenos Aires. in Argentina on the sidelines of the G20 summit.
"If we do not agree, I will add another $ 267 billion," Trump said in the interview, adding that the level of tariffs could be 10% to 25%.
2. Brexit is worried: Trump also weighed on Brexit, warning that the deal brokered by Prime Minister Theresa May could make it difficult for the country to trade with the United States.
Comments contributed to lower the pound by 0.7% against the dollar on Tuesday. The fate of the agreement could be decided as early as December 11, when May will try to get it passed by parliament.
The United Kingdom has already expressed the wish to negotiate a free trade agreement with the United States.
Kit Juckes, an analyst at Société Générale, said the lack of economic information prompted investors to focus on the budget dispute between the G20, Brexit and Italy between the European Union and the US. budget.
"If I have to weigh these three topics, the G20 meeting is the one that is imminent [and] more likely to move markets, "he said. I think the underlying tone is pessimistic. "
For three months, the hedge fund Third Point, activist investor Daniel Loeb, is trying to reorganize the board of directors of the soup company and install its own directors.
On Monday, both sides agreed to end the proxy fight and extend Campbell 's board of directors from 12 to 14 members. Two of the five candidates proposed by Third Point will be added to the table.
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It is possible that British lawmakers use the event to reveal internal documents that Facebook is trying to keep public.
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Tuesday – Benefits of Cracker Barrel (CBRL) and Salesforce (CRM)
Wednesday – J M Smucker (SJM), Box (BOX) and Tiffany (TIF) winnings; Second estimate of US GDP
Thursday – Dollar Tree (DLTR), Abercrombie & Fitch (ANF) and HP (HPQ) gains; Fed notes published
Friday – The G20 begins in Argentina
