China Deal Would Mean ‘Very Big Spike’ for Markets, Trump Says

At same time, Kudlow says U.S. won’t want to rush trade talks
U.S. stocks fell on Friday after disappointing jobs numbers

Shanghai's Yangshan Deepwater Port Following U.S. And China's First Day of Trade Talks — Photographer: Qilai Shen/Bloomberg

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By Margaret Talev and Andrew Mayeda

March 8, 2019 at 3:07 PM UTC

Updated on

March 8, 2019 at 3:53 PM UTC

This article is for subscribers only.

President Donald Trump said that the U.S. will enjoy a “very big spike” in stock markets if he closes a trade deal with China.

“As soon as these trade deals are done, if they get done, and we are working with China, we’ll see what happens, but I think you’re going to see a very big spike,” Trump told reporters as he departed the White House on Friday to review tornado damage in Alabama.