jinping at the g20 next month aerktd to the white house economic adviser larryudlow the two will meet for a bit but kudlow did not provide details. the meeting comes at a time of escalating tensions over tra. the trump administration recently put tariffs on $200 billion worth of chinese imports. and beijing immediately retaliated. theri two cou remain far apart on some key trade related issues such as intellectual property rights and technology transfers. >>> the european union today formally rejected italy's notet, an unusual but unexpected move that puts brussels andome on a collision course. the budget proposed by the italian governmentncrease the overall government debt and the dechz in the short run. both violations of eu rules. and officials said today the eu was given no alternative but to reje proposal which caused italian bond yields to rise. italyow has three weeks to make changes. >>> oil prices tumble today aftered saudi arabia pledged to increase output. saudi's energy minister said for a second day that the kingdom will keep the world adequately supplied with crude. add