Trump dashes hopes he will meet Xi this month | WHAT REALLY HAPPENED


Trump dashes hopes he will meet Xi this month

US stocks fell on Thursday after White House officials signaled that President Donald Trump will not meet with his Chinese counterpart Xi Jinping before a critical March 1 deadline.

Trump later confirmed the news, replying “no” when asked by reporters in the Oval Office about a possible meeting. US officials have said that tariffs on Chinese goods will be raised if a deal is not reached by the end of this month.

The Dow Jones Industrial Average and S&P 500 Index closed down 0.87% and 0.94% respectively. Along with trade concerns, economic data released on Thursday reflected slowing global economic growth.

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