US, China hail major 'progress' but White House flags March 1 deadline
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Washington
THE United States and China said their trade war negotiations resulted in major progress as the clock ticks on a March deadline to avert a massive escalation of tariffs that could bruise the global economy.
US President Donald Trump hailed "tremendous progress" and welcomed a "beautiful" letter from his Chinese counterpart Xi Jinping, who said he hoped for further cooperation. Beijing's official Xinhua news agency said on Friday that US and Chinese negotiators made "important progress" during two days of "candid, specific and fruitful" discussions in Washington.
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