Trump says he might let March 1 China tariff deadline ‘slide’

An official said the two US guided-missile destroyers traveled within 12 nautical miles of Mischief Reef in the disputed Spratly Islands

The rate on all those imports are set to increase to 25 percent if no agreement is reached by March 1.

"China wants to make a deal very badly", he said, and "things are going well" in the talks.

Her comments come as trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to Beijing this week to continue talks just weeks before the end of the 90-day trade truce on March 1, 2019.

Sheffield legend and England World Cup hero Gordon Banks dies aged 81
Banks lost the sight in his right eye after being injured in a road accident in 1972 and retired at the age of 34 as a result. 'We are devastated to lose him but we have so many happy memories and could not have been more proud of him '.


Aides to Trump say this week's talks are important as they need to demonstrate credible progress to both the president and financial markets.

Negotiations in Washington last month ended without a deal and with the top USA negotiator declaring work was needed.

After that date, USA tariffs on $200 billion worth of Chinese imports are scheduled to increase to 25 percent from 10 percent. For that reason, some officials are keen for any extension not to be open-ended. "I could see myself letting that slide for a little while", Trump told reporters at the White House. She argued that her nation has "always respected and safeguarded freedom of navigation and flight based on global laws in the South China Sea, but resolutely opposes any country falsely using these [to] harm the sovereignty and security of coastal countries". "They will meet again soon". China will likely respond by raising tariffs on $60 billion worth of United States goods that it announced past year in retaliation.

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A growing number of US businesses and lawmakers have expressed hopes for a delay in the tariff increase while the two sides tackle the hard USA demands for major structural policy changes by China aimed at ending the forced transfer of American trade secrets, curbing Beijing's industrial subsidies and enforcing intellectual property rights.

US stocks rallied on Trump's trade comments, along with a tentative congressional spending deal aimed at avoiding another government shutdown. It has fast-tracked approval of a law that would ban theft of intellectual property and forced technology transfers, but the question is how much more it can compromise.

Two U.S. guided-missile destroyers on Monday sailed near the Chinese manmade island of Mischief Reef in the South China Sea, the location of several territorial conflicts that have raised tensions in the region.

South Korea Meets Trump’s Demand to Pay More for U.S. Troops
The signed agreement is called "preliminary" as of now since it needs to be approved by South Korea's National Assembly. Seoul's Foreign Ministry said the USA had called for a sharp increase in South Korean spending but didn't elaborate.


And with March 1 approaching, speculation is growing that it will be hard for negotiators to agree to the complete deal Trump demands.

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