US-China Trade Talks Reach Critical Phase

Deal or no deal? Trade talks between the U.S. and China the world’s two largest economies -- have reached a critical phase. Yet mixed signals coming from the White House and Beijing are causing analysts to question whether President Donald Trump and his Chinese counterpart, President Xi Jinping, will be able to finalize an agreement to end a costly trade war by early April as originally predicted. White House press secretary Sarah Sanders told reporters on Monday that the two sides haven’t set a date yet for a signing summit between Trump and Xi to end the dueling tariffs that are hurting both countries’ economies. In an appearance on Fox News over the weekend, White House economic adviser Larry Kudlow said that negotiations are "making great progress."

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