Japan-EU sign trade deal; Trump meets Merkel ahead of G20; laptop ban lifted for Qatar Airways

What's new... what's next   By Matt Egan and Patrick Gillespie of CNNMoney 1. Germany worries Trump may start trade war President Trump and German Chancellor Angela Merkel spent "a good hour" talking in private on Thursday. One of the key issues: Trade. Merkel's foreign minister said earlier this week "There are things that cause us great concern that the United States is starting a trade war against Europe. This would, of course, trigger a reaction in Europe." And it's with that concern in mind that the G20 Summit of Leaders formally begins in Hamburg, Germany on Friday.   2. Trump travel ban not hitting visits to U.S. - yet The doomsday scenario of tourists staying away from the U.S. has not played out so far. International travel to the U.S. grew 5.2% in May compared to last year. Travel was up in April, too. That's despite fears that Trump's travel ban and immigration policy would hurt visits to the U.S. However, the U.S. Travel Association warned of turbulence ahead. Foreign tourism is likely to slow in the next three to six months due to Trump's rhetoric and the strong U.S. dollar. 3. Trump may hate the new Japan-EU trade deal Japan and the European Union have a message for Trump: free trade is alive and well. On the eve of a G20 summit with Trump, the leaders of Europe and Japan signed a free trade agreement covering more than 600 million people, 30% of the global economy and 40% of total world trade. Trade experts are already saying it will make the U.S. less competitive in global markets. It removes certain tariffs between the EU and Japan, which are still in place for some U.S. firms, such as automakers.  4. CEO's self-driving car stunt upsets traffic cops A show-and-tell by a top Chinese tech company has drawn an official response from authorities. Baidu CEO Robin Li demonstrated his company's self-driving car technology at a conference via live video link from inside a prototype vehicle as it drove around Beijing. Just one problem: Chinese police have warned companies against testing self-driving cars on public roads. Baidu's test "will be investigated and dealt with according to the law," authorities said. 5. Quick Takes: France wants to ditch gas and diesel-powered cars by 2040  The laptop ban was lifted on Qatar Airways  Russia scored some investment from China this week ahead of the G20 New York City's "trash museum" has a lot of treasures in it  The U.S. state of Illinois has a budget crisis. It's pitting the governor against his wife  6. What's next: Is the U.S. job market losing steam? Job growth slowed to 138,000 in May, but economists expect Friday's 8:30 a.m. employment report will show a rebound in June. The unemployment rate is expected to stay near the lowest level since 2001. Keep an eye on whether wages finally show signs of life. Are U.S. frackers still drilling away? OPEC has failed to fix the oil glut in large part because U.S. shale drillers have raced to fill the void. Just look at how the Baker Hughes tally of U.S. oil rigs increased for 23 consecutive weeks – until a dip last week. The latest numbers are due out at 1 p.m. ET on Friday. Make this newsletter better. Please send us your feedback to CNNMoneyfeedback@turner.com Share Tweet Forward Sign up for CNN Money's morning markets newsletter: Before the Bell Sign up for CNN Money's closing markets newsletter: Markets Now Copyright © 2017 Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved., All rights reserved. You're receiving this newsletter because you opted in at cnn.com or cnnmoney.com. Our mailing address is: Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved. One CNN Center Atlanta, GA 30303 Add us to your address book unsubscribe from this list    update subscription preferences