When the time is right we will make a deal with China. My respect and friendship with President Xi is unlimited but, as I have told him many times before, this must be a great deal for the United States or it just doesn’t make any sense. We have to be allowed to make up some…..— Donald J. Trump (@realDonaldTrump) May 14, 2019
He had earlier tweeted: “We can make a deal with China tomorrow, before their companies start leaving so as not to lose USA business, but the last time we were close they wanted to renegotiate the deal. No way!” China’s benchmark Shanghai composite index rose 1.9 per cent overnight, while Hong Kong’s Hang Seng climbed 0.5 per cent. Asian stocks were following the rise of their US counterparts. The Dow Jones industrial average climbed 0.8 per cent yesterday, while the S&P 500 also rise 0.8 per cent. Today’s Chinese economic data has helped renew investors’ jitters, however, sending them running for cover towards safe-haven assets. Read more: Economists pour cold water on Trump's tariff arguments The German 10-year bund fell to minus 0.0094 per cent today, a new two-and-a-half year low, while 10-year US Treasuries also fell 2.4 per cent.