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Friday, November 8, 2019

NewsBreak: Trump China Trade Deal but No Full Tariff Rollback

© Reuters.  © Reuters.

Investing.com - President Donald Trump said Friday that he will not fully roll back tariffs on China, but does expect to sign a trade deal with the country in the United States, according to published reports.

  • Trump said that a deal could be signed with Chinese President Xi Jinping in Iowa.
  • The president also said he won’t “fully roll back” tariffs.
  • Stocks remained in the red in morning trading, but pared losses from the open. The S&P 500 was off 0.1%, while the Dow Jones Industrial Average fell 0.16%.
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