European stocks are jumping higher after a report said the U.S. and China are working toward a phase one agreement, despite downbeat comments from President Donald Trump a day earlier.
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Trump comments, Uighur bill hurt prospects of U.S.-China dealPresident Donald Trump's comments that a trade deal with China might have to wait until late 2020 raised fresh doubts on when the dispute might end, while a U.S. House bill targeting camps for Muslims in Xinjiang drew Beijing's ire
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Forget Trump's rhetoric, phase 1 of a trade deal with China is reportedly close after allBloomberg reported that the US and China are close to an agreement on the specifics of tariff relief before they are set to rise on December 15.
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