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Wilbur Ross: Trump will add tariffs if no deal by December 15

China said negotiations with the U.S. remain on track and tariffs will be reduced if a phase one deal is reached. U.S. Secretary of Commerce Wilbur Ross sat down with Yahoo Finance's Sibile Marcellus and spoke about what needs to happen for a successful deal. Yahoo Finance's Julie Hyman, Adam Shapiro, Andy Serwer and Myles Udland also dissect next steps in the trade war.