Global Stocks Drop After Trump Signals Further Delays to China Deal

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Global Stocks Drop After Trump Signals Further Delays to China Deal
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Shares dropped after President Trump signaled he might be willing to wait until after the elections to strike a trade deal with China

Global stocks fell Tuesday after President Trump signaled that he may wait another year to strike a deal with China, prompting concerns that a long-awaited end to the trade war may be further delayed.

Futures linked to the Dow Jones Industrial Average declined 0.6%, reversing gains posted earlier in the day. The pan-continental Stoxx Europe 600 gauge wavered between gains and losses before slipping down 0.1%.

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