US-China 'phase one' talks are getting more complicated and could slide into next year, according to a breaking Reuters report that cites 'people close to the White House'.
The problem is that top US trade officials fear that rolling back tariffs in a deal that doesn't address IP and tech transfer issues would not be seen as a 'win' for the President.
Negotiations also are complicated by conflicts within the White House about the best approach to China, and by the fact that Trump could veto any agreed deal at the last minute.
Bloomberg also announced a report saying that talks are at a sensitive stage and could easily fall apart but that they're 'making progress in key areas'.
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