Trump's trade summit talk boosts stock markets

The US and China have both expressed optimism that substantial progress is being made towards ending the trade war between the world’s two biggest economies

Trump sees China deal as 'very very close'. Pic: Getty

World stock markets rose on Monday after US President Donald Trump raised the prospect that he could sign a new trade deal with his Chinese counterpart Xi Jinping. Both sides expressed optimism that substantial progress is being made towards ending the trade war between the world’s two biggest economies.

“It looks like they will be coming back quickly again,” Trump told reporters yesterday, referring to the possibility of Chinese negotiators returning after a ...