President Trump announces he will not meet with President Xi ahead of March 1st trade deadline

6:41 AM ET Fri, 8 Feb 2019

CNBC's Kayla Tausche reports on the latest details as the United States and China race to make a trade agreement ahead of the March 1st deadline. On March 1st, tariffs with China will automatically double from 10% to 25% if there is no agreement between the two countries. Alternatively, President Trump can delay this deadline by signing a presidential memorandum.