Trump told reporters in London during a meeting of leaders of the North Atlantic Treaty Organization (NATO).
"To some extent, I think it would be better to wait until after the election. But they want to reach an agreement now. We need to see if this agreement is good. It must be good. "
Trump's comments sent stocks tumbling and sparked a rush to buy safe haven assets such as U.S. government bonds. MSCI's global stock index fell 0.9 percent, while the U.S. standard & Poor's 500 index. SPX fell 1.22 percent, the biggest decline in nearly two months.
Investors are buying up bonds, sending the 10-year Treasury yield to a one month low of nearly 1.7%. The dollar weakened against a basket of currencies.
Trump's comments came as Beijing and Washington sources familiar with the negotiations said the two countries had made progress, but were still tangled in the "first stage" trade agreement, whether the United States would eliminate the tariffs already imposed, and the specific scale of China's purchase of American agricultural products.
"China will definitely make such a request because it has promised to buy more American agricultural products. To some extent, it's a deal, "a source who advised China on trade negotiations told Reuters.
A Washington source familiar with the talks said the U.S. side was willing to lift some tariffs, but hoped that Beijing would make more concessions to curb forcing U.S. companies to transfer technology to Chinese companies.
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