The US has made significant progress in its trade deal negotiations with China, the White House has said, refuting reports that the talks are not making headway and Chinese President Xi Jinping has cancelled his scheduled trip to Mar-a-Lago later this month for finalising the agreement.
China and the US have been locked in a bruising trade war since last year, imposing tit-for-tat tariffs on more than USD 360 billion in two-way trade. Top trade officials from the two sides have met thrice in an attempt to reach an agreement to end the trade war