President Trump said Wednesday there is a very good chance of a U.S. trade deal with China, he is in no rush to strike a trade deal with China as Washington demands that Beijing address structural issues such as lack of protection for US intellectual property.

"I’m in no rush. I want the deal to be right..." President Trump told reporters at the White House.

U.S. stocks closed higher Wednesday with the Dow Jones Industrial Average DJIA climbed 148.23 points, or 0.58%, to 25,702.89.

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