After a week of talks that extended into the weekend, Trump said those tariffs would not go up for now. 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. The threat of tariff increases represented significant leverage for the Trump team as Beijing is trying to stabilise China's cooling economy. But his lead trade negotiator, US Trade Representative Robert Lighthizer, emphasised then that some major hurdles remained. At the White House event with governors on Sunday, Trump said Lighthizer was doing a "fantastic" job.

Source: bd News24 February 25, 2019 03:33 UTC