US VP Pence meeting with Trudeau: Can ‘more than double’ tariffs on China if necessary

• US VP Pence has been meeting with Prime Minister Justin Trudeau as a host today.

Key notes for markets came with his comments with relation to Chinese negotiations, reminding us of the trade standoff and, indeed, the Huawei factor with respect to their countries’ joint dispute with China on the matter.

• Can ‘more than double’ tariffs on China if necessary.
• Pres. Trump likely to meet China’s Xi at G20 in Japan.
• US sees Huawei as ‘incompatible’ with US security need.