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President Donald Trump tweeted Thursday that China is ‘letting us down’ in trade talks, ratcheting up recent pressure on Beijing.

President Donald Trump turned up pressure on China over trade talks, as he celebrated a stock-market milestone and was anticipated to announce he gained’t pursue efforts to get a citizenship query on the 2020 U.S. census.


Trump mentioned China is “letting us down” by not shopping for the U.S. farm merchandise “that they said they would,” in a tweet that got here after a report the administration is more and more fearful over the prospects for a trade cope with Beijing.

At final month’s G-20 assembly in Osaka, Japan, Trump mentioned that Chinese President Xi Jinping had agreed to order giant new purchases of U.S. agricultural items “almost immediately.” Trump added in his tweet, “Hopefully they will start soon!”

U.S. shares pared beneficial properties after the president’s morning tweet, however a rally in health-care shares pushed the Dow Jones Industrial Average

DJIA, +0.85%

  past 27,000 for the first time after the Trump White House deserted a plan to curb drug rebates. Trump celebrated the Dow’s milestone in a separate tweet.

Now learn: Here’s how many points a U.S.-China trade deal is worth to the S&P 500, according to J.P. Morgan’s top strategist.


Administration officers advised The Wall Street Journal Trump is anticipated to say at a White House information convention that he won’t move forward with a push on the citizenship question. Instead, the president will deal with subsequent steps for acquiring the knowledge by different means.

As the Journal wrote, the announcement would mark a concession by the president, who insisted final week that each one potentialities together with an govt order have been nonetheless being explored. Administration attorneys suggested the White House that it wouldn’t be legally possible so as to add the citizenship query to the census within the wake of final month’s Supreme Court ruling, the Journal reported.

Also see: Including a citizenship question on the U.S. Census could have unexpected, long-term implications for your finances.


The president additionally convened a “Social-Media Summit” on the White House Thursday, to which trade heavyweights like Facebook

FB, -0.74%

  and Twitter

TWTR, -0.69%

  weren’t invited.

Trump, a frequent Twitter consumer himself, mentioned on his personal account key topic of the occasion could be “the tremendous dishonesty, bias, discrimination and suppression practiced by certain companies. We will not let them get away with it much longer.”

Addressing a crowd of about 200 within the East Room of the White House, Trump mentioned among the attendees have been “extraordinary.” He added, “the crap you think of is unbelievable.”

Conservatives have steadily complained that their views are being censored by main social-media shops. The corporations have denied allegations of bias. Trump’s summit reportedly included the chief executive of Parler, a Twitter alternative used by Trump supporters, and self-proclaimed “guerrilla journalist” James O’Keefe.

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