U.S.-China trade talks to resume next week, Trump hints at extension

The U.S.-China Business Council, which represents American companies doing business in China, applauded the announcement that the two sides would put specific language in a memorandum of understanding and said its existence could cause the Trump to push back deadline.

“It does appear that enough progress has been made to possibly extend the deadline,” said Craig Allen, president of the Washington-based group. “The memorandum of understanding might not finish all the details, but if it contained the final picture ... that would be a huge step forward.”