US President Donald Trump says could extend China trade talks deadline

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will lead the delegation

United States trade representative Robert Lighthizer and treasury secretary Steven Mnuchin are scheduled to hold talks on Thursday and Friday with Chinese vice premier Liu He, top economic adviser to president Xi Jinping.

US negotiators are now in China for a week of talks ahead of the deadline at which point the USA would ramp up to 25 percent its tariffs on $200 billion of Chinese imports.

Top U.S. officials arrived in the Chinese capital on Tuesday before high-level trade talks, as the world's two largest economies attempt to hammer out the deal and avoid another escalation of tariffs after March 1.If they are coming close to a complete deal, Trump said he could see pushing off that deadline. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will lead the US delegation for the third round of talks on Thursday and Friday in Beijing.

President Trump has also said he's unlikely to meet President Xi Jinping before the deadline, dampening hopes of a speedy resolution.

Lighthizer, who arrived at the hotel earlier in the day, did not answer reporters' questions.

US President Donald Trump has suggested that he might extend the deadline for reaching a trade deal with China beyond March 1st, when additional US tariffs on a wide range of Chinese imports are set to go into effect. A round of talks at the end of January ended with some progress reported - but no deal and USA declarations that much more work was needed.

The US negotiators had been preparing for pressing China next week to reform its intellectual property transfer right rules in order to seal a decipherable deal, which could prevail further losses resulted in the tariff war, the amount of which could breach trillions.

The latest round of talks in Beijing kicked off on Monday with discussions among deputy-level officials to try to work out technical details, including a mechanism for enforcing any trade agreement.

US negotiators will likely continue to urge China to make structural reforms and end what the USA claims to be unfair trade practices.

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