Advertisement. Remove ads.
President Donald Trump said on Wednesday that he would determine ‘how good’ the relationship is between the U.S. and its trade partners, China and Russia, in the next two weeks.
“My relationship with all of them is very good. We’re going to find out how good it is, over the next week or two,” he told reporters at the White House during his bilateral meeting with the President of Poland, Karol Nawrocki.
Trump also reiterated his criticism of President Xi Jinping for not mentioning the U.S. in his speech during the China Victory Day military parade. “I was very surprised. I watched the speech last night. President Xi is a friend of mine. But the U.S. should’ve been mentioned during that speech because we helped China very, very much,” he said.
The President hinted at additional phases of Russian oil sanctions but declined to send a direct message to Vladimir Putin, stating, “He knows where I stand.” Trump, who met both the Russian president and Ukrainian leader Volodymyr Zelenskyy in August, said Washington would soon have clarity on whether Moscow’s war in Ukraine can be brought to an end.
“I’m having a conversation with him very shortly. I’ll know pretty much what we’ll be doing,” Trump said. “We’ve taken very strong action, as you know. And in other ways, we’ve taken very strong action, but I’ll be speaking to him over the next few days. I’m going to know exactly what’s happening.”
The timeline aligns with a two-week deadline Trump set earlier this month. On August 21, he declared, “We will know within two weeks whether there will be peace in Ukraine. After that, we will have to maybe take a different tack.” That deadline expires on Thursday, with market watchers speculating about the U.S. administration’s next steps in resolving the Russia-Ukraine conflict.
U.S. equities were mixed in midday trade on Wednesday. The SPDR S&P 500 ETF (SPY) rose 0.36%, and the Nasdaq-100 tracking Invesco QQQ Trust (QQQ) moved 0.70% higher. However, the SPDR Dow Jones Industrial Average ETF (DIA) slipped 0.38%. Retail sentiment around DIA on Stocktwits fell to ‘bearish’ from ‘neutral’ territory over the past day.
Read also: ABTC Stock Makes Nasdaq Debut, Trading Halted After Early Swing
For updates and corrections, email newsroom[at]stocktwits[dot]com.