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Commerce Secretary Ross` comments on Fox re......>

US
US: Commerce Secretary Ross` comments on Fox re China Phase One deal sound
fairly harsh re getting a deal done by Dec 15 (as reflected in equities weaker,
safe havens stronger):
- "You don't have a deal on anything before you have a deal on everything - one
step forward, one step backward. They want to make a deal, question is, do they
want to make a deal we can live with...The ball is in China`s court... it`s
great that he [Trump] has the hammer of December 15, because that`s a real
hammer...won`t interfere with this year`s Christmas...a very good time if we
have to put more tariffs on. We have a very strong economy and they have lots of
problems... you can always get *a* deal quickly, the key is to get the *right*
deal, whether it`s by December 15 or later."
- [Re Brazil tariffs announced today] "Even our friends must live by the
rules... they`re not the only one with currency issues."

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