U.S. President Trump said he would restore tariffs on U.S. steel and aluminum imports from Brazil and Argentina with a morning tweet.
HK tensions weighed on trade deal progress during the Thanksgiving week. Investors are concerned as to the extent of the Chinese response on two US bills supporting Hong Kong protesters.
Demand for the dollar weighed on euro which was close to near two-week lows on Friday just above $1.0993 hit earlier this week.
China warned the United States that it would take “firm counter measures” in response to U.S. legislation backing anti-government protesters in Hong Kong.
Yet more talk from the trade war front is done as President Trump said that United States and China are close to agreement on the first phase of a trade deal.