Feb 7, 2019

Trump says he won't meet with Xi before March 1 deadline

President Trump told reporters in the Oval Office Thursday that he won't meet with Chinese President Xi Jinping before March 1, the deadline for the 90-day trade war ceasefire the two leaders agreed to in December.

The big picture: U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin will travel to Beijing next week for another round of trade talks, Bloomberg reports. If a deal is not struck by the end of the month, Trump has said he will raise tariff rates on $200 million worth of Chinese goods from 10% to 25%.

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Axios

Updated 11 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

Global: Total confirmed cases as of 5 p.m. ET: 5,885,490— Total deaths: 363,031 — Total recoveries — 2,468,011 — Map.
U.S.: Total confirmed cases as of 5 p.m. ET: 1,735,971 — Total deaths: 102,516 — Total recoveries: 399,991 — Total tested: 15,646,041 — Map.
Public health: Hydroxychloroquine prescription fills exploded in March —How the U.S. might distribute a vaccine.
2020: North Carolina asks RNC if convention will honor Trump's wish for no masks or social distancing.
Business: Fed chair Powell says coronavirus is "great increaser" of income inequality.
1 sports thing: NCAA outlines plan to get athletes back to campus.

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Axios

Updated 1 hour ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

Over 500 schools in South Korea have either closed or postponed reopening, according to the Korea Times, which cites data from the Ministry of Education.

Why it matters: South Korea has been a model for how to handle the novel coronavirus, and the closures reportedly followed concerns from parents and teachers over child safety. The country's confirmed death toll has plateaued at 269 over the past few days, with few increases, per Johns Hopkins data.

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Dave Lawler, Bethany Allen-Ebrahimian

2 hours ago - World

Trump to end Hong Kong’s special trade status

President Trump. Photo: Win McNamee/Getty Images

President Trump announced on Friday that the U.S. would be fundamentally changing longstanding policies toward Hong Kong as a result of Chinese encroachment on the city's autonomy.

Why it matters: Trump said he would be effectively ending the special trade status that has allowed Hong Kong to flourish as a gateway to the Chinese market. That leaves an uncertain future for businesses that operate in Hong Kong, not to mention the city's 7 million residents, and could be met with reprisals from Beijing.

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