Trump Wants Trade Deal With China to Boost Stocks, Sources Say

President Donald Trump is increasingly eager to strike a deal with China soon in an effort to perk up financial markets that have slumped on concerns over the trade war, according to people familiar with internal White House deliberations.

Talks between mid-level U.S. and Chinese officials in Beijing concluded on Wednesday, and a Chinese foreign ministry spokesman said a positive result from the meetings will be good for the global economy. The negotiations had been extended for a day, which added to optimism fueled by tweets from Trump that the two sides are making progress toward an agreement.