Trump is reportedly considering 60-day extension for China tariffs deadline

U.S. President Donald Trump is considering a 60-day extension of the Mar. 1 deadline for higher tariffs on Chinese imports, Bloomberg said on Thursday, citing unnamed sources.

Trump was considering the extension so as to give two-way talks more time, Bloomberg added.

A trade delegation led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin began high-level talks with Chinese counterparts, led by Vice Premier Liu He, on Thursday.

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