The US President Donald Trump said the China trade deal might have to wait until after the U.S. presidential election in November 2020. He was commenting the trade talks in London on Tuesday. According to him, he has no deadline.
The markets have been waiting for the Phase 1 deal with China before the trade tariffs deadline next week the 15th December. The trade speculations left the stock markets negative in New York.
The Dow Jones closed down 1,01% to 27502 points, S&P 500 down 0,66 % to 3093 points and Nasdaq down 0,55 % to 8520 points.