U.S.-China Trade Talks Hit a Bump

NEWS ALERT : U.S.-China Trade Talks Hit a Bump

A U.S.-China trade accord is facing a new roadblock, as Chinese officials balk at commiting to a presidential summit until the two countries have a firm deal in hand, according to people familiar with Beijing’s thinking.

A week ago, the sides appeared to be closing in on a draft accord. But Chinese leaders were taken aback by President Trump’s failed meeting in Vietnam with North Korean leader Kim Jong Un, the people said.

Impact : Strong
Sentiment : Good for Safe Haven

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