White House postpones trade meeting as coronavirus spreads

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White House postpones trade meeting as coronavirus spreads
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The White House has postponed a meeting with economic advisers scheduled for Wednesday to address President Trump's trade agenda as it comes under pressure from the blow coronavirus has dealt to economies around the world, according to a source

The meeting, which had been previously scheduled, had taken on greater significance amid concerns that China may be unable to immediately meet its obligations under the"Phase One" trade deal, including agricultural purchases that the administration had hoped would alleviate the pressure felt by US farmers following a prolonged trade war.The White House wouldn't comment on the meeting or why it was postponed.

Read MoreBut the President, who favors tariffs as a punitive response to trade practices he views as unfair, has long worried that easing tariffs will make him look weak. He has instead favored other measures to temporarily assist US farmers, these people said.The meeting Wednesday had also been scheduled to address restrictions on exports of US goods and technology to China, according to those people.

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