On February 24, 2019, President Trump announced on Twitter that he would be postponing an increase in tariffs against China, and that he plans to meet with Chinese President Xi Jinping to reach a conclusion on a final trade agreement.

The President said:

I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!