U.S. Says It's 'Miles and Miles' from Resolving China Trade Conflict
U.S. Commerce Secretary Wilbur Ross on Thursday said Washington and Beijing were "miles and miles" from resolving their trade war.
"There's been a lot of anticipatory work done but we're miles and miles from getting a resolution and that shouldn't be too surprising," Ross told CNBC.
While much work remained to be done, Ross added there was still "a fair chance" to reach a deal.
The remarks instantly pushed Wall Street futures lower.
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