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China and US discussing possible Trump-Xi meeting in late February, just before trade deal deadline

(R-L) Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer and other Trump Administration officials sit down with Chinese Vice Premier Liu He (L), Central Bank Governor Yi Gang (2nd L) and other Chinese vice ministers and senior officials for negotiations in the Diplomatic Room at the Eisenhower Executive Office Building January 30, 2019 in Washington, DC.










Chip Somodevilla | Getty Images

(R-L) Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer and other Trump Administration officials sit down with Chinese Vice Premier Liu He (L), Central Bank Governor Yi Gang (2nd L) and other Chinese vice ministers and senior officials for negotiations in the Diplomatic Room at the Eisenhower Executive Office Building January 30, 2019 in Washington, DC.

A White House official told CNBC that “thus far, we have focused on substance and not next steps.”

U.S. and China officials are meeting in Washington, trying to strike the trade deal to avert a new round of tariffs. Trump is scheduled to meet with Chinese Vice Premier Liu He on Thursday.

Trump tweeted on Thursday the meetings in Washington are going well, adding: “China’s representatives and I are trying to do a complete deal, leaving NOTHING unresolved on the table.” However, he noted that a deal will not be struck until he meets with Chinese President Xi Jinping.

The two countries slapped tariffs on billions of dollars worth of each other’s goods last year, sending ripples through financial markets.

This is a developing story. Check back for updates.

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