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U.S.-China Trade Deal Isn't Imminent So No Summit Date Set, Envoy Says

NEWS ALERT : U.S.-China Trade Deal Isn't Imminent So No Summit Date Set, Envoy Says

The U.S. and China haven't set a date for a summit to resolve their trade dispute, the U.S. ambassador to China said, as neither side feels an agreement is imminent.
Terry Branstad said negotiators need to further narrow the gap in their positions, including over enforcement, before arrangements are made for a meeting between President Trump and Chinese leader Xi Jinping.

Impact : Medium
Sentiment : Bad for Dollar

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