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 U.S. and Chinese negotiators have begun to outline a deal to end the trade war between the world's two largest economies, Reuters reported Wednesday night. Citing sources familiar with the ongoing negotiations, Reuters said agreements in principle are being drawn up on six key areas: forced technology transfer and cyber theft, intellectual property rights, services, currency, agriculture and non-tariff barriers to trade. The report suggested the outline is the most significant progress made so far after months of trade talks. The progress began in earnest last week during talks in Beijing, Reuters reported, and carried on in Washington this week. On Tuesday, President Donald Trump suggested the March 1 deadline before the U.S. raises tariffs again is "not a magical date," and reports said the deadline may be extended, with the potential for a final deal to be signed at a summit between Trump and China's President Xi Jinping next month.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 U.S. federal officials have
decided to end negotiations with California over the Trump
administration's plans to roll back fuel economy rules designed
to reduce greenhouse gas emissions, a government official said
on Wednesday.
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