Washington: US President Donald Trump on Sunday extended the China tariff deadline, citing "substantial progress" in trade talks.
Taking to Twitter, Trump said he would delay the increase in US tariffs because of the "productive talks".
"Assuming both sides make additional progress," Trump said he hoped to hold a summit with President Xi Jinping to conclude an agreement at his Mar-a-Lago resort.
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"A very good weekend for U.S. & China," the president concluded.
I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very......
— Donald J. Trump (@realDonaldTrump) February 24, 2019 " class="align-text-top noRightClick twitterSection" data="
">I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very......
— Donald J. Trump (@realDonaldTrump) February 24, 2019I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very......
— Donald J. Trump (@realDonaldTrump) February 24, 2019
Trump had originally warned that he would escalate the tariffs he has imposed on 200 billion US dollars in Chinese imports, from 10 to 25 percent, if the two sides failed to reach a deal by 2 March.
....productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!
— Donald J. Trump (@realDonaldTrump) February 24, 2019 " class="align-text-top noRightClick twitterSection" data="
">....productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!
— Donald J. Trump (@realDonaldTrump) February 24, 2019....productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!
— Donald J. Trump (@realDonaldTrump) February 24, 2019
But in recent days he raised the possibility of extending that deadline if negotiators were nearing an agreement.
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