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Trump Says China Deal ‘Fully Intact’ After Navarro Roils Markets

  • Trade adviser had set off stock slide after Fox News interview
  • Focus on trade deal high as U.S-China relations deteriorate
Bloomberg business news
Trump Says China Deal Intact After Navarro Roils Markets
Updated on

U.S. President Donald Trump said the phase one trade deal with China was “fully intact,” after his adviser Peter Navarro sowed confusion and spurred a temporary stock slump with comments interpreted as a decision to end the agreement.

“The China Trade Deal is fully intact. Hopefully they will continue to live up to the terms of the Agreement!” Trump said in a Twitter post late Monday.