US President Donald Trump has said he is ending negotiations over a Covid-19 relief bill, and will only resume talks after the election.

He predicted he would win next month’s election and pass a bill afterwards. US stocks fell after the announcement.

Budget talks between Democratic Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin began in July.

“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major stimulus bill that focuses on hardworking Americans and small business,” the president tweeted

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