President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC on February 12, 2019.
Mandel Ngan | AFP | Getty Images
U.S. President Donald Trump is considering a 60-day extension of the Mar. 1 deadline for higher tariffs on Chinese imports, Bloomberg said on Thursday, citing unnamed sources.
Trump was considering the extension so as to give two-way talks more time, Bloomberg added.
A trade delegation led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin began high-level talks with Chinese counterparts, led by Vice Premier Liu He, on Thursday.