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Trade war

Trump says stocks will 'spike' after China trade deal

Economic adviser Kudlow says 'nothing in cement' for summit with Xi

U.S. President Donald Trump talks to reporters as he departs from the White House on March 8. The president has been portrayed recently as wanting a stock market bump from closing a China trade deal.   © Reuters

NEW YORK -- Equities will enjoy a "very big spike" as soon as a trade deal with China is done, U.S. President Donald Trump told reporters Friday on the White House lawn.

Playing down the disappointing February employment figures by noting that "the economy is very, very strong," the president said that "I think you're going to see a very big spike. A lot of people are waiting to see what happens with the China deal."

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