The US and China don’t even have a trade deal draft yet as deadline approaches

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www.cnbc.com/2019/02/08/the-us-and-china-dont-even-have-a-trade-deal-draft-yet-as-deadline-approaches.html

The Wall Street Journal says the two sides have not even drafted an accord specifying the matters they agree and disagree on.

The report comes just a day after White House economic advisor Larry Kudlow said there is a “pretty sizable distance to go” before China and the U.S. reach a deal.

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President Donald Trump also says that a meeting with Chinese President Xi Jinping will not take place before the crucial March deadline.

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The market is priced in of a good trade deal, now it is given back the gain everyday.

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