President Donald Trump said on Friday that the United States and China were still pursuing a trade agreement but he was not ready to make a deal.
Speaking to reporters at the White House before departing for fundraisers in New York state, Trump also said the United States would continue to refrain from doing business with Chinese telecoms equipment giant Huawei Technologies .
"China wants to do something, but I'm not ready to do anything yet.
Twenty-five years of abuse - I'm not ready so fast, so we'll see how that works out." the president added.
Trump said the United States would not do business with Huawei for the time being, although that might change with a trade deal.
The U.S. Commerce Department, which had effectively banned Huawei in May from purchasing U.S. technology, software and services over national security concerns, had been considering granting some licenses for American companies to sell certain products to Huawei.
NEW YORK (Reuters) - U.S. stocks slipped on Thursday as the release of a whistleblower report tied to the Democrats’ impeachment move against President Donald Trump kept uncertainty high, while trade..