Chinese Vice Commerce Minister: Tariffs by certain countries are a threat to the world economy

With the G20 now the main event around the corner, Chinese Vice Commerce Minister has been crossing the wires:

• G20 will have candid and constructive discussions.
• The global economy is facing severe challenges. 
• Tariffs by certain countries are a threat to the world economy.

AUD/USD trades as a proxy to the trade war noise, benefitting on prospects of progress towards a solution. On the flipside, dwindling chances of a deal will weigh on the Aussie. 

• AUD/USD Analysis: upside limited but short-term gains possible