More tariff threats

Trump says he'll raise China tariffs if Xi won't meet at the G-20 summit. The U.S. expresses “grave concern” over Hong Kong’s extradition proposal. And Citigroup says the S&P 500 is heading for a “full scale bear market.” Here are some of the things people in markets are talking about today.

Donald Trump warned that tariffs on China will go up if Xi Jinping won't meet at the G-20 summit in Japan. “I think he will go, and I think we're scheduled to have a meeting,” the president told CNBC, adding Beijing is “going to have to make a deal.” Trump renewed his attack on the Fed, complaining it not having the power over the Fed that he says Xi wields over China's central bank. “The head of the Fed in China is President Xi,” he said. “He can do whatever he wants.”