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A Chinese trade delegation canceled a planned visit to farms in the US heartland, driving down stock indexes as investors turned pessimistic on progress toward resolving the two nations’ trade war.
The cancellation came only about an hour after President Donald Trump said he wasn’t interested in “a partial deal” with China based on Beijing increasing its purchases of US agricultural products. US and Chinese officials held negotiations this week and are aiming for a high-level meeting around Oct. 10.
The S&P 500 Index, which had been up for the day, turned down following news of the canceled farm trip
