*By Chloe Aiello* President Trump and Chinese President Xi Jinping are reportedly considering a meeting at Trump's Mar-a-Lago Resort in March to resume trade talks. But whether or not any major developments will result is a toss-up, former State Department Senior Advisor Christian Whiton told Cheddar. "It's still a coin toss as to whether or not there's a big deal, but Wall Street seems to take it for granted. I think it's less likely, and what's more likely, it's going to be a very long-term process of jousting," said Whiton, who served as an advisor for both Trump and former President George W. Bush. [Axios reported](https://www.axios.com/trump-xi-china-trade-war-mar-a-lago-37bb245b-9ffa-455e-bc82-499c3c32d7e2.html) on Sunday that Trump's advisers have discussed hosting a summit at the president's Palm Beach, Fla., resort in an attempt to resolve the ongoing trade standoff between the U.S. and China. Sources informed Axios that the summit could come as soon as mid-March, although neither the date nor the location have been officially set. A mid-March summit would come after the March 2 deadline Trump set to hike tariffs from 10 percent to 25 percent on $200 billion in Chinese goods. Whiton said the summit could potentially lead to further delays. "My guess is that if a summit was scheduled, it would be hard for the administration to go ahead with that increase," he said. "Having said that, there is some jousting within the administration between hardliners ... who want tariffs on sooner as added pressure, and the Wall Street crowd." Whiton also said that China has done little to address major concerns over intellectual property theft and anti-competitive behaviors. "What I understand is China really hasn't been that forthcoming in the systemic reform that Trump really wants, and frankly that there is bipartisan consensus for," he said. "They are sort of saying, 'meet us halfway on those things.' But that is extremely hard to do." Trump has been pushing for adjustments in trade policies with China even before he stepped into the Oval Office. The two powers have been tangled in a retaliatory trade war since Trump first leveraged tariffs in early 2018. For full interview [click here](https://cheddar.com/videos/white-house-reportedly-considering-mar-a-lago-for-u-s-china-trade-summit).

Share:
More In Politics
New York Home Restrictions Extended Another Month
New York state will extend its stay-at-home restrictions at least through May 15. Gov. Andrew Cuomo said Thursday that transmission rates still need to be tamed as he prolonged the restrictions that have left most New Yorkers housebound.
Trump Looks to Ease Distancing in Places; CEOs Urge Caution
President Donald Trump says he’s prepared to announce new guidelines allowing some states to quickly ease up on on social distancing. At same time, though, business leaders are telling Trump they need more coronavirus testing and personal protective equipment before people can safely go back to work.
Stocks Sink Following Grim Data on Economic Hit From Virus
Selling swept Wall Street after a dismal lineup of reports made clear how historic the coronavirus crunch has been for the economy. Markets are already bracing for what’s forecast to be the worst downturn since the Great Depression, but Wednesday’s data was even more dispiriting than expected.
Load More