Trump now says he's the one holding up any trade deal

Asian indexes closed lower with all the Shanghai Composite down 0.6 percent, the SZSE Component down 0.9%, along with Hong Kong’s Hang Seng down 1.9%.
European equities slid in morning trading with Germany’s DAX, Britain’s FTSE 100, along with also the Euro Stoxx 50 all falling 0.3%.
US shares are poised for a negative start. Futures underlying the Dow Jones Industrial Average and S&P 500 were down 0.2%, whereas Nasdaq futures were down 0.3 percent.
Oil fell sharply with West Texas Intermediate crude down 1.8percent in $52.30, and Brent crude down 1.6% at $61.30.

“And we’re likely to either perform a wonderful deal with China or we are not going to do a deal.”
The president attributed China’s backtracking on past responsibilities for the failure to achieve a deal.

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President Donald Trump has confessed he’s responsible for delaying a trade deal with China.

Dealers weren’t thrilled with all the president’s latest show of stubbornness. 
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The president attributed China’s backtracking on first obligations for its failure to reach an agreement. He previously said the Asian nation”bankrupt the bargain ” in early May.
“China wants to make a bargain very badly,” Trump told reporters outside the White House on Tuesday, according to CNBC. “It is me that is holding up the deal. And we are going to do a terrific deal with China or we are not likely to do a whole lot.”
The remarks came a day after he threatened to immediately expand tariffs to nearly all Chinese goods if Chinese President Xi Jinping doesn’t meet with him at the G-20 summit in Japan later this month. China responded that when the US insists on escalating the trade warfare, it will”struggle to the finish .”

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