Trump Says China Trade Talks Going ‘Very Well’ Ahead of Deadline

(Bloomberg) -- President Donald Trump said talks to resolve the U.S. trade war with China are making good progress.

“I think it’s going along very well,” Trump told reporters in the Oval Office on Wednesday. “They’re showing us tremendous respect.”

Negotiators from the two countries began their latest round of talks this week ahead of the March 1 deadline for additional U.S. tariffs on Chinese goods. Trump has threatened to more than double the rate of duties on $200 billion in Chinese imports.

Trump said Tuesday said he’s open to extending a March 1 deadline if the two sides are near an agreement.

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