President Donald Trump said Thursday that the US and China are working to secure a new site to sign a tentative trade truce and the location will be announced soon.
US and Chinese negotiators wanted to finalise the deal in time for Trump and Chinese President Xi Jinping to sign it at the Asia Pacific Economic Cooperation summit in Chile in mid-November.
But Chile announced Wednesday that it was canceling the event due to ongoing mass demonstrations.
US and Chinese officials are trying to settle details of the modest trade deal that sidesteps some of the biggest issues dividing the countries.
The cancellation of the APEC summit is unlikely to prove a major obstacle.
"It doesn't have a big bearing on the U.S.-China trade negotiations," said David Dollar, senior fellow at the Brookings Institution.
"It was not clear they were going to get it finalised in time for that meeting."
Trump claimed in a tweet Thursday that the so-called phase one agreement represents "about 60 per cent of total deal."