U.S. stock market futures pointed to declines across the major indexes at Monday's open.
— or it would risk facing a worse deal if negotiations continue into a possible second term after the 2020 presidential election.
The president claimed China was 'beaten so badly' in recent trade negotiations that Beijing wanted to wait until after the 2020 election in the hope a Democrat would win the White House and offer them a better deal. Yet despite that tension between the world's two largest economies, White House Economic Advisor Larry Kudlow said Sunday that Trump and Chinese Presidentbut he said there are "no concrete, definite plans" for when U.S. and Chinese negotiators will meet again.
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