China, US said to delay Trump-Xi Meeting to at least April

US stocks close higher; Boeing shares turn volatile

In fact, no trade talks between Jinping and Trump's team has been set for more than two weeks already, CNBC reported.

Despite claims of progress in talks by both sides, a hoped-for summit at Trump's Mar-a-Lago resort will now take place at the end of April if it happens at all, according to one of the people.

Trade negotiations between China and the USA left investors grappling.

Trump said Wednesday he is "in no rush" for a deal but that there is "a very good chance" for one. However, Schumer said on the Senate floor, "It is abundantly clear that China is playing us".

US President Donald Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade war are progressing quickly, though Mr Trump said he could not say whether a final deal would be reached.

"I do not think that any type of agreement with China on trade and investment is sustainable, because it is a zero sum game".

Moreover, China and the USA have previously stated that the trade talks are going well and predicted that the trade war is ending soon. The State Council in Beijing also didn't respond to a request for comment.

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"We're doing very well with China talks", Trump told reporters at the White House on Thursday as he sat down to meet Irish Prime Minister Leo Varadkar.

However, Bloomberg reported that the "signing summit" had been pushed back a month as negotiators struggled to resolve their differences. It's got to be the right deal, and it's got to be a good deal for us. I would prefer that.

In December, Trump gave China 90 days to conclude a deal Otherwise. Those topics are negotiated at the ministerial level. The countries exchanged drafts in English only and China now needs to translate the document and complete a so-called legal scrub, the people added.

While gaps have narrowed on a number of issues, a lot of work remains.

As to the reason why China and the USA are postponing the signing of the agreement that will put an end to the trade war, Trump's trade representative Robert Lighthizer said that there are still some major issues to resolve including the intellectual property dealing.

As I said at the outset, there will be a deal, just don't expect much substance to it or for China to honor it if there is.

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