The White House said Wednesday that any reports suggesting the United States and the European Union are close to a trade deal are purely speculative. In a brief statement, the administration emphasized that only President Donald Trump is authorized to confirm or announce progress in trade negotiations. The clarification follows a series of market-moving reports claiming the two sides were nearing an agreement. Officials provided no details on the status of talks and reiterated that discussions, if under way, remain confidential until formally disclosed by the President.
WHITE HOUSE ON EU TRADE DEAL: ANY TALK OF A US-EU TRADE AGREEMENT IS SPECULATIVE UNLESS OFFICIALLY ANNOUNCED BY PRESIDENT TRUMP. || STATEMENT FOLLOWS RECENT REPORTS SUGGESTING PROGRESS ON A POSSIBLE DEAL. || WHITE HOUSE REITERATES: ONLY TRUMP CAN CONFIRM TRADE DEVELOPMENTS.
White House: EU Trade Deal Talk Is Speculation Unless Announced By Trump • Reiterates That Only President Trump Can Confirm Trade Developments
WHITE HOUSE STATEMENT: REPORTS OF A POTENTIAL EU TRADE DEAL ARE SPECULATIVE, AND ANY DISCUSSIONS SHOULD BE VIEWED AS SUCH. That way speculation can be used to ramp stocks again tomorrow and the next day.