Free Trial

The Latest: Trump might extend March 2 trade deadline

BEIJING (AP) — The Latest on China-U.S. trade talks in Beijing (all times local):

1:07 a.m.

U.S. President Donald Trump says there's a "possibility" he will extend a March 2 deadline in trade talks with China if both sides are close to a deal.

Trump says that would happen "if I see that we're close to a deal or the deal is going in the right direction."

The U.S. is scheduled to raise import taxes on $200 billion worth of Chinese goods March 2 if the world's two biggest economies can't resolve their differences. The U.S. and China are in disagreement over U.S. charges that China steals U.S. technology and forces American companies to hand over trade secrets in exchange for access to China's markets.

Trump said Friday in Washington that "I would not increase the tariffs" if the negotiations are going in a positive direction.

__

6:40 p.m.

An official Chinese news agency says U.S. and Chinese negotiators will meet next week in Washington for talks on a technology dispute ahead of a March 2 deadline for a planned American tariff hike.

The Xinhua News Agency's announcement followed two days of talks in Beijing that had been the last scheduled meeting before the March 2 deadline.

President Donald Trump's economic adviser said earlier he had yet to decide whether to escalate the dispute by going ahead with the penalties on $200 billion of Chinese imports.

6 p.m.

Trade Representative Robert Lighthizer says U.S. and Chinese negotiators "made headway on very, very important" issues in talks on a technology dispute.

Lighthizer expressed optimism but gave no details after President Donald Trump's economic adviser said he yet to decide whether to go ahead with a March 2 tariff increase.

Business groups and economists said the two days of talks in Beijing were unlikely to be enough time to resolve the sprawling dispute. They said China's goal probably was to persuade Trump they were making enough progress to postpone the penalties.

In a courtesy call on Chinese President Xi Jinping after the talks wrapped up, Lighthizer said, "We feel we have made headway on very, very important and difficult issues. We have additional work we have to do but we are hopeful."

5:45 p.m.

Two days of U.S.-Chinese trade talks have ended with no immediate indication whether they made progress on a battle over Beijing's technology ambitions.

Delegations led by U.S. Trade Representative Robert Lighthizer and his Chinese counterpart, Vice Premier Liu He, met at a government guesthouse. They left without talking to reporters.

Earlier, President Donald Trump's top economic adviser said he has yet to decide whether to go ahead with a March 2 tariff increase on Chinese imports from China. Companies and investors worry the fight between the two biggest global economies could drag on weakening world growth.

___

12:00 a.m.

U.S. and Chinese envoys are holding a second day of trade talks after the top economic adviser to President Donald Trump said he has yet to decide whether to go ahead with a March 2 tariff increase on imports from China.

Business groups and economists say the two days of negotiations due to run through Friday are too brief to resolve a sprawling dispute over Beijing's technology ambitions. They say China's goal is to persuade Trump to push back the March 2 deadline.

Trump's economic adviser, Larry Kudlow, told reporters in Washington the "vibe is good" in the talks, but he said Trump has made no decision on whether to escalate the dispute by letting the March 2 tariff hike go ahead.

Both sides have expressed optimism without releasing details.

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Underrated AI Stocks Set to Surge in 2025
Why Energy Stocks Are Poised for Explosive Growth in 2025
From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines