President Trump announced on Sunday that he will postpone imposing U.S. tariffs on China scheduled for March 1, and is planning a meeting with Chinese President Xi Jinping.
The summit will take place at his Florida club, Mar-a-Lago, with the pair finalizing a trade agreement. Trump tweeted that "substantial progress" has been made in trade talks with China on "important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues." Trump will hold a summit with North Korean leader Kim Jong Un later this week in Vietnam, and he said that Xi has been "very helpful in his support of my meeting with Kim Jong Un." Catherine Garcia
Seeking to end the ongoing trade war between the United States and China, President Trump's advisers have informally discussed hosting a summit at Trump's Florida club Mar-a-Lago next month with Chinese President Xi Jinping, Axios reports.
Two administration officials told Axios that while the meeting could take place as early as mid-March, nothing is set in stone. A third official said that locations other than Mar-a-Lago have been floated, including Beijing, and it's too early to say if Trump and Xi will even meet.
On March 1, Trump must decide if he will increase tariffs on $200 billion worth of Chinese goods to 25 percent, from 10 percent, and he had wanted to meet with Xi before the tariff ceasefire expires. Trump is meeting with North Korean leader Kim Jong-Un later this month in Vietnam, and three people close to the administration said there's just no way two big summits could be held so close together. Catherine Garcia
Lt. Col. Michelle Baldanza said the aircraft was conducting a "routine patrol" in international airspace when it was intercepted by "two tactical aircraft from the People's Republic of China." The fighter jets flew approximately 50 feet away from the U.S. aircraft, a Navy E-P3. Baldanza said the "initial reports characterized the incident as unsafe. Over the past year, DoD has seen improvements in PRC actions, flying in a safe and professional manner." U.S. Pacific Command is investigating the incident. Catherine Garcia