US Pres. Trump: Not even thinking about phase two of US trade deal with China

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US President Donald Trump said on Friday that a phase two trade deal with China was unlikely at this point and added that he was “not even thinking about it.”

Market reaction

These comments don’t seem to be having a significant impact on market sentiment. As of writing, the S&P 500 Index (SPX) was up 0.46% on the day at 3,166 points. Meanwhile, the US Dollar Index, which tracks the greenback’s performance against a basket of six major currencies, was down 0.23% on a daily basis at 96.56.

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