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02.12.2019 22:51

U.S. Commerce Secretary Ross: New tariffs will go into effect on December 15 if no deal is reached - Fox

  • Says progress with China is "one step forward, one step back"
  • If nothing happens between now and December 15, the new China tariffs will go into effect
  • Phase one trade deal must be enforceable
  • $40-50 bln in agricultural purchases are "essential" to any deal

Market focus

  • Germany's trade surplus rose slightly in October
  • Swiss unemployment rate remained unchanged in November
  • UK economy showed no growth in October
  • Eurozone investor confidence rose sharply in December - Sentix
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