US-China trade deal can wait, says Donald Trump; Dow Jones dips 450 points

Trump said that the only limiting factor to reaching an agreement with China is whether he wants to make a deal

US President Donald Trump appeared to downplay the chances for a deal to end the US-China trade war before the end of the year.

Speaking in London he is attending the North Atlantic Treaty Organization (NATO) summit, Trump said on Tuesday that the only limiting factor to reaching an agreement with China is whether he wants to make a deal.

Asked about his previous goal of reaching an agreement by years’ end, Trump said, “I have no deadline, no.” “In some ways I like the idea of waiting until after the election,” Trump added. He has previously suggested that China wanted to