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Trump: US-China Trade Deal Might Wait Till After 2020 Election

Ken Bredemeier

   WASHINGTON - U.S. President Donald Trump said Tuesday a new trade
   agreement with China might have to wait until after the November 2020
   presidential election, with Washington and Beijing stymied in reaching
   a negotiated end to their two-year trade and tariff conflict.

   "I have no deadline, no," Trump said in London, where he was attending
   a meeting of NATO leaders. "In some ways, I like the idea of waiting
   until after the election for the China deal. But they want to make a
   deal now, and we'll see whether or not the deal's going to be right;
   it's got to be right."

   U.S. and European stock prices plunged on Trump's comments, while the
   Chinese yuan currency dipped to a five-week low, which could dash hopes
   for a year-end trade war truce between the U.S., the world's biggest
   economy, and No. 2 China.
   

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