Chinese President Xi Jinping and President Donald Trump greet attendees waving American and Chinese national flags during a welcome ceremony outside the Great Hall of the People in Beijing, China, on Nov. 9, 2017.
Qilai Shen | Bloomberg | Getty Images
The announcement of a U.S. trade deal with China is "possible" by next Friday, sources told CNBC on Wednesday.
A U.S. delegation met with Chinese negotiators in Beijing on Wednesday as the world's two largest economies try to hammer out details of an agreement. Chinese Vice Premier Liu He will travel to Washington for talks next week.
Washington and Beijing have pushed to resolve a trade dispute that led to a widening series of tariffs and raised fears about spiraling economic damage. While both sides have repeatedly touted progress in talks, disputes such as whether to immediately remove existing tariffs and how to enforce measures meant to stop intellectual property theft have derailed a final deal.
The White House did not immediately comment.
This story is developing. Please check back for updates.
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