'Turns out the deal was fake news,' Neil Wilson, chief markets analyst at Markets.com tweeted.
US stocks are set to fall after Bloomberg News reported that China wants further talks before agreeing to Trump's"Phase One deal" made last Friday. Trump tweeted on Sunday that China has already begun increasing agricultural purchases from America, after the initial handshake agreement. Data from China meanwhile showed that the trade war is hurting China's economy as both imports and exports fell in September. View Markets Insider's homepage for more stories.
US stocks are set to fall after Bloomberg News reported that China wants further talks before agreeing to Trump's"Phase One deal" made last Friday. Trump tweeted on Sunday that China has already begun increasing agricultural purchases from America, after the initial handshake agreement. Data from China meanwhile showed that the trade war is hurting China's economy as both imports and exports fell in September. View Markets Insider's homepage for more stories.
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