U.S. stock index futures were slightly higher on Tuesday.
However, in recent months, both countries have been seeking to strengthen their respective currencies against the dollar.
The South American trade tariffs have rekindled broader concerns about a protracted dispute between the U.S. and China, with investors monitoring the prospect of a limited agreement. Ahead of his trip to London on Monday, Trump said he was "very happy" the world's two largest economies were holding talks to try to secure a so-called "phase one" agreement. The U.S. president has joined other world leaders in the U.K.'s capital city to mark the 70th anniversary of NATO.
Washington and Beijing have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment.On the data front, the latest quarterly financial report will be released at 10 a.m. ET, with light vehicle sales figures for November set to follow slightly later in the session.
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