{"id":7839,"date":"2019-02-23T03:09:07","date_gmt":"2019-02-23T03:09:07","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/us-and-china-extend-trade-talks\/"},"modified":"2019-02-23T03:09:07","modified_gmt":"2019-02-23T03:09:07","slug":"us-and-china-extend-trade-talks","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/us-and-china-extend-trade-talks\/","title":{"rendered":"US and China extend trade talks"},"content":{"rendered":"\n
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\n EPA<\/span><\/p>\n

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\n Mr Trump said he thought a deal was “more likely” than not
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Chinese negotiators have agreed to extend their stay in Washington, as the US and China push to strike a trade deal.<\/p>\n

The decision was the latest sign that the two countries may be nearing an agreement, as they look for a way out of last year’s punishing trade war.<\/p>\n

In a statement shared by the White House, Chinese President Xi Jinping hailed “progress” in the negotiations.<\/p>\n

US President Donald Trump also said a deal was “more likely” than not.<\/p>\n

“The fact that they’re willing to stay for quite a bit longer… that means something,” he told reporters at the White House. “I think there’s a good chance that it happens.”<\/p>\n

Where do talks stand now?<\/h2>\n

The US and China placed tariffs on billions of dollars worth of the others’ goods last year as they faced off on trade.<\/p>\n

The US had initially threatened to increase tariffs on $200bn worth of goods from 10% to 25% if the two sides could not agree a deal by 1 March.<\/p>\n

But Mr Trump has appeared more flexible<\/a> recently, as negotiators meet in Washington for a fourth round of talks.<\/p>\n

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\n Reuters<\/span><\/p>\n

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\n The top negotiators from the two sides: Robert Lighthizer and Liu He
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On Friday, Mr Trump did not commit to extending the deadline, but he did note progress, including an agreement on currency manipulation, the details of which were not disclosed.<\/p>\n

He also said he may meet with Mr Xi in March at his Mar-A-Lago resort.<\/p>\n

Huawei has not been part of the discussions to date, he added.<\/p>\n