Trump says China trade deal deadline could slide

Trump says China trade deal deadline could slide

Trump says China trade deal deadline could slide

Trump said on Tuesday, "If we are close to a deal where we think we can make a real deal and it's going to get done, I could see myself letting that slide for a little while". -China talks with U.S. Trade Representative (USTR) Robert Lighthizer last week, and added that he thought the talks were "constructive and serious".

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Under the looming threat of a surge in tariffs once the 90-day truce expires, financial markets worldwide have lost ground in recent days as comments about the status of the talks turned more cautious.

A new round of trade talks between the USA and China begins in Beijing this week, with both sides hoping to reach a trade deal by the end of this month.

The Trump administration said the USA president still wants to meet China's Xi Jinping in an effort to end the trade war, a sign of optimism as negotiators from the world's two biggest economies start their latest round of talks this week.

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As a result, some aides privately acknowledge the most likely scenario is for the March 1 deadline to be extended, and for tariffs on some $200 billion in Chinese imports not to be raised to 25 percent as Trump has threatened.

White House senior counselor Kellyanne Conway said a meeting was still possible soon, telling Fox News Channel that Trump wants a deal with China, but it must be "fair to Americans, and American workers and American interests".

Uncertainty whether the leaders will meet to finalize an agreement has stoked concerns that negotiations are faltering as the March 1 deadline approaches. "And, absolutely, you know, we've put everything on the table, including IP theft and forced technology transfer and so on". "It could change via telephone".

The latest round of talks in Beijing kicked off on Monday with discussions among deputy-level officials to try to work out technical details, including a mechanism for enforcing any trade agreement. However, strident White House China critic Peter Navarro was not listed as part of the United States team.

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