US stock futures tumble after President Donald Trump indicated today that he has no deadline for China trade deal, and could wait until after 2020election to make it.
He told reporters in London that “I have no deadline” regarding the phase one trade agreement with China. “I like the idea of waiting until after the election for the China deal,” he added. “But they want to make a deal now and we’ll see whether not the deal is going to be right. It’s got to be right.”
Trump further said that “the China trade deal is dependent on one thing: Do I want to make it? Because we’re doing very well with China right now and we could do even better with the flick of a pen.”
