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Trump: China Trade Talks ‘Very Productive’

U.S. has shown willingness to extend tariff truce deadline

President Donald Trump said last week’s China trade talks were “very productive” as his team briefed him upon their return and readied for another round of negotiations, reports Bloomberg.

Saturday’s meeting came as U.S. and China sent signals they may reach a deal or extend talks to end their trade war, easing fears the Trump administration will ratchet up tariffs when a key deadline arrives in two weeks.

The U.S. has threatened to more than double tariffs on $200 billion of Chinese goods if there’s no deal by March 1.

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