Trump says 'China talks are going very well' as he tries to avoid more stock market panic - News Summed Up

Trump says 'China talks are going very well' as he tries to avoid more stock market panic


President Donald Trump attempted to settle stock market jitters Friday morning after traders nearly wiped out the year's gains following the White House's threat of an all-out trade brawl with China. Before departing the White House for a law enforcement event in Kansas City, the president reassured investors with a tweet that said: 'China talks are going very well!' The arrest of the heiress to a top Chinese telecommunications firm this week further intensified concerns that the ceasefire would be short-lived. 'Unless extended, they will end 90 days from the date of our wonderful and very warm dinner with President Xi in Argentina,' Trump asserted. President Xi and I want this deal to happen, and it probably will.'


Source: Daily Mail December 07, 2018 19:30 UTC



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