>> US President Donald Trump said on Saturday that progress is being made towards a trade deal with China.>> We've really had a very extraordinary number of meetings, and a yield could very well happen with China. It's going very well, I would say, about as well as it could possibly go.
>> But, a deeper look at negotiations reveals a tense picture. According to an exclusive Reuter's report published Friday, the US is pushing for regular reviews of China's progress on pledged trade reforms as a condition for a trade deal, and could again resort to tariffs if it determines that Beijing has violated the agreement.
The demands include changes to China's policies on intellectual property protection, technology transfers, industrial subsidies, and other trade barriers. A source told Reuters that while the U.S. proposal, quote, didn't derail negotiations, Chinese officials were not keen on the idea of regular compliance checks. And, experts say, the renewed focus on reviews underscores the growing distrust between the two countries.
Even as Trump and Chinese President Xi Jinping agreed to a 90 day truce in the trade war in December, to give their teams time to negotiate a deal.