February 24, 2019 / 11:02 PM / 6 months ago

Trump to delay U.S. tariff hike on Chinese goods, eyes Xi summit

FILE PHOTO: U.S. President Donald Trump looks on during a meeting with China's Vice Premier Liu He in the Oval Office at the White House in Washington, U.S., February 22, 2019. REUTERS/Carlos Barria/File Photo

WASHINGTON (Reuters) - U.S. President Donald Trump said on Sunday that he would delay an increase in tariffs on Chinese goods that had been scheduled for Friday, citing “substantial progress” in U.S.-China trade talks over the weekend.

Trump said he would plan a summit meeting with Chinese President Xi Jinping at his Mar-a-Lago estate in Florida to conclude an agreement, assuming both sides make additional progress.

Reporting by David Lawder; Editing by Peter Cooney

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