By Toluse Olorunnipa and Toluse Olorunnipa White House reporter.
Treasury Secretary Steven Mnuchin has reportedly encouraged the president to reach a deal with China quickly and avoid political blowback from a trade war in 2020. (Jabin Botsford/The Washington Post)
The Dow Jones industrial average lost 473 points on May 7 as markets continued to react to uncertainty surrounding trade negotiations between the United States and China. (Justin Lane/EPA-EFE/Shutterstock)
President Trump watches as Chinese Vice Premier Liu He, left, speaks with U.S. Trade Representative Robert E. Lighthizer, right, at the White House on Feb. 22, 2019. (Mandel Ngan/AFP/Getty Images)