Trump: Trade talks with China are going well

Trump: Trade talks with China are going well

US President Donald Trump said today that trade talks with China were going "very well" and seemed more positive than on Tuesday when he said a trade deal might have to wait until after the US presidential election in 2020. Trump told reporters at a meeting of NATO leaders Near London "Discussions are going well and we'll see what happens. His comments on Tuesday, which raised the prospect of a prolonged trade tensions between the world's second-largest economies, led to sharply lower stock prices around the world and stocks rebounded on Wednesday when Bloom reported. The two sides were closer to agreeing on how many tariffs would be rolled back in a `` Phase I '' trade deal and investors fear that the confrontation between the United States and China, marked by Trump's presidency since it began in 2017, could slow the global economy.