Wall Street worries that Trump may have oversold the likelihood of a China trade deal

China’s state-run media expressed surprised at the reversal, according to Reuters, as did Doug Barry, spokesman for the US-China Business Council. “As of last Friday, our senior level contacts in both governments were still discussing venues for a presidential meeting to sign an agreement, so this latest rumpus comes as a surprise. Hopefully, it’s a temporary setback,” he said.