CNBC TV, citing sources, said that China has agreed to purchase up to $ 1.2 trillion worth of goods from the United States as part of the current negotiations to end the trade war between the two countries.

CNBC also reported that US President Donald Trump and his Chinese counterpart Xi Jinping may meet in late March in Florida.

The TV station added that the two sides are still far apart on major issues, including the forced transfer of technology and intellectual property.

On the same level, US President Donald Trump said that if he saw progress being made in trade talks with China, he might succeed in extending negotiations beyond the deadline of next March 1, and indicated that the two largest economies in the world would likely be able to. Reach an agreement.

Trump told reporters at the Oval Office that this week's round of negotiations was extended, given the progress being made. He added that if the two countries reached an agreement, there would be no need to increase customs duties.

Trump also expected to meet with Chinese President Xi Jinping soon, adding that the meeting would likely take place at Mar Alargo Resort in Florida in March.

Negotiators from the two countries are holding talks in Washington this week in the hope of getting close to a trade agreement before March 1, which is the end of a deadline set by US President Donald Trump to increase tariffs on Chinese imports worth $ 200 billion from 10 percent to 25%. p>

Rump is scheduled to meet with Chinese Vice Prime Minister Liu He, who heads his country's delegation to the trade talks.