The administration has kept mum for the most part on details of the ongoing trade talks between Washington and Beijing.

After the most recent round of talks, which took place in Beijing, U.S. officials touted "progress" on trade issues the two countries set out to resolve during a 90-day negotiation period, but they offered no specific detail on what that progress entailed.

China purchased shipments of soybeans from the U.S. (the exact amount is unclear) since the trade talks began, a sign of progress in China agreeing to import "substantial" amounts of goods from the U.S. On structural issues such as intellectual property and technology transfer, however, neither the U.S. nor China has revealed any specific progress.

Donald Trump hinted last week he might consider an extension to the March 1 trade negotiation deadline.

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