U.S. Markets open in 1 hr

Trump cites 'great position' for a Phase 2 trade talks with China

FILE PHOTO: U.S. President Trump delivers statement about Iran at the White House in Washington

WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday pointed to Phase 2 trade talks with China, a day after Washington and Beijing inked a preliminary Phase 1 agreement, but gave no other details about the next phase of negotiations.

"We are now in a great position for a Phase Two start," Trump tweeted.

(Reporting by Susan Heavey; Editing by Jon Boyle)