Commerce Secretary Wilbur Ross downplayed expectations for an end to the U.S.-China trade war when both sides meet in Washington next week, saying the world's two largest economies are a long way from resolving their differences.
“We're miles and miles from getting a resolution,” he said in an interview on CNBC on Thursday. “Trade is very complicated. There are lots and lots of issues.”
The Dow Jones and S&P 500 Index were lower in early trading after the secretary's remarks.
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