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NewsBreak: Trump Denies WSJ Trade Deal Story as China Prepares News Conference

Published 12/13/2019, 10:11 PM
Updated 12/13/2019, 10:18 PM
© Reuters.

© Reuters.

Investing.com -- President Donald Trump denied a Wall Street Journal story claiming that he had signed off on a deal to postpone further tariffs on Chinese imports and cut some existing ones in returns for guaranteed volumes of U.S. farm goods purchases.

"The Wall Street Journal story on the China Deal is completely wrong, especially their statement on Tariffs. Fake News. They should find a better leaker!" Trump tweeted.

The tweet came against the background of reports that the Chinese government is to hold a news conference on the trade discussions at 9:30 AM ET (1430 GMT).

Dow futures reversed to a 0.1% decline on the day from a 0.3% gain immediately prior to the tweet.

USD/CNH rose 0.8% to 6.9964

EUR/USD fell to $1.1164 from $1.1180 prior.

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