At the same time, markets will open for the First Time Since the president said he wanted to raise tariffs on china. But right now, futures are up because of this. China called last night our top trade people and said lets get back to the table, so well be getting back to the table and i think they want to do something theyve been hurt very badly but they understand this is the right thing to do and i have Great Respect for them. This is a very positive development for the world. But while wall street appears to be taking the president at his word the g7 saw multiple examples of the president s remarks conflicting with actual events as he and his team gave their own differing views on how the summit unfolded. Multiple World Leaders including the new uk Prime Minister Boris Johnson for example said they disagreed with President Trumps trade war even though the president claimed they supported him on trade. On sunday President Trump said the u. S. And japan had reached a trade deal worth
Headlines driving the morning back home and driving the markets back on wall street. That is the president s comments on those negotiations with china. He is sounding really optimistic about that, outright declaring he feels they are in a much better position than at any other part in the negotiations with beijing partly because of the outreach of china that he says happened overnight. He and Steve Mnuchin feeling they are given hope for negotiations down the road. Listen to what he had to say. Do you need to say that the results were calm last night . There were discussions that went back and forth. Lets just leave it at that. Last night. And before yesterday. Why wouldnt they . That broke early this morning. Reporter heres the thing, though, morgan. Chinese officials have not confirmed that outreach took place. It is not clear whether the u. S. And china are on the same page on this. When it comes to negotiations, it is not clear how much beijing is willing to concede on this topic.