Wilbur Ross: Definitive China trade deal cannot be made at G20 summit
US commerce secretary, Wilbur Ross, speaks to CNBC
- At most it paves the way for a path forward
- US-China trade deal will eventually end in negotiation
- Only a high level deal with China is possible at G20 summit
He's just laying out the expectations ahead of a potential meeting between Trump and Xi. I don't believe markets were anyhow expecting a deal but more of a reconciliation after a breakdown in trade talks over the past few weeks.