Ross downplays China deal at G-20

U.S. Commerce Secretary Wilbur Ross says President Trump is ready to hit China with more tariffs on $300-Billion of goods if a trade deal isn’t reached. Ross also downplayed the planned meeting between Trump and Chinese President Xi Jinping at the G-20 summit next week in Japan, saying a deal there would likely not be reached. Ross told CNBC that new ground rules for negotiations might come from that meeting.