Wilbur Ross: Definitive China trade deal cannot be made at G20 summit

US commerce secretary, Wilbur Ross, speaks to CNBC

• At most it paves the way for a path forward
• US-China trade deal will eventually end in negotiation
• Only a high level deal with China is possible at G20 summit

He's just laying out the expectations ahead of a potential meeting between Trump and Xi. I don't believe markets were anyhow expecting a deal but more of a reconciliation after a breakdown in trade talks over the past few weeks.