US cancels trade planning meeting with China, source says
The White House has rejected a trade planning meeting with China this week due to outstanding disagreements over intellectual property rules.
Should Beijing and Washington fail to agree on a permanent solution by March 1, President Donald Trump has said he will reinforce punitive tariffs.
The White House tells CNBC that "the teams remain in touch in preparation for high level talks with Vice Premier Liu He at the end of this month."
The White House has rejected a trade planning meeting with China this week due to outstanding disagreements over intellectual property rules.
Should Beijing and Washington fail to agree on a permanent solution by March 1, President Donald Trump has said he will reinforce punitive tariffs.
The White House tells CNBC that "the teams remain in touch in preparation for high level talks with Vice Premier Liu He at the end of this month."