The trade war between the world's two superpowers might be softening a little bit... after the two sides, according to Mr. Trump.... made some "substantial progress" during their trade talks.
Kim Hyesung reports.
U.S. President Donald Trump tweeted on Sunday that he would extend the March 1st deadline that would see an increase in tariffs on Chinese imports, citing substantial progress in recent trade talks.

"Great cooperation, we have great cooperation, both ways, with China. And a lot of good things are happening.

He has made positive comments over the third round of U.S.-China high level talks that took place in Washington.
The talks ran from Thursday to Sunday after being extended for an extra two days,... and covered intellectual property protection, technology transfers, currency and other issues.
Without a delay to the March 1st deadline, the 90-day trade truce agreed upon by President Trump and Chinese President Xi Jinping in December on the sidelines of the G20 summit in Argentina would have come to an end ... and import duties on 200 billion U.S. dollars worth of Chinese goods would have jumped from 10 percent to 25 percent.
The delay is likely to calm volatile financial markets.
China also expressed optimism over the trade talks.
China's Xinhua News Agency said "substantial" progress was made on "specific issues" at the latest round of trade talks.
In his Sunday tweet, President Trump also said he looks forward to a meeting with Chinese President Xi Jinping at his Mar-A-Lago resort in Florida next month to conclude a trade agreement... assuming both sides make additional progress.
Kim Hyesung, Arirang News.