Trump Casts Doubt On Trade Deal With Pushback on Tariff Reverse

President Donald Trump said that the U.S. hasn’t agreed to roll back all tariffs on China, diluting hopes the U.S. would make such a concession to secure a trade deal.

“They’d like to have a rollback, I haven’t agreed to anything,” Trump told reporters. “China would like to get somewhat of a rollback -- not a complete rollback, because they know I won’t do it.”

President Donald Trump speaks to reporters Friday.

U.S. bonds rallied and stocks slipped after the president’s remarks reduced some of the optimism that had been increasing around the prospects for a truce.

On Nov. 7, signs were pointing toward a first-phase ...