NEW YORK: Oil prices faltered and global equity markets slipped on Friday, halting a week-long record-setting rally fueled on hopes a U.S.-China trade deal was near, as the latest statements out of Washington cast fresh doubts about progress between Beijing and Washington.
Optimism about a deal earlier in the week darkened after fierce opposition from the White House to rolling back existing tariffs surfaced on Thursday and after U.S. President Donald Trump reinforced that sentiment on Friday.
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