U.S. equity futures moved from negative to positive overnight into Monday after President Trump said China called and is ready to come back to the negotiating table, but Chinese officials are denying the claim. CNBC's Eamon Javers reports from France on the latest on the trade war front as well as the details from the G-7 meeting. “China called last night our top trade people and said ‘let’s get back to the table’ so we will be getting back to the table and I think they want to do something. They have been hurt very badly but they understand this is the right thing to do and I have great respect for it. This is a very positive development for the world, ” Trump said.
However, Global Times Editor-in-Chief Hu Xijin said in a tweet that negotiators from both countries did not talk over the phone, adding: “The two sides have been keeping contact at technical level, it doesn’t have significance that President Trump suggested. China didn’t change its position. China won’t cave to US pressure.”
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