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The U.S. and China are nearing a trade deal ahead of the planned meeting between President Trump and Chinese President Xi Jinping on Thursday, according to the Trump administration. CBS News' Nancy Cordes has more details, while Isaac Stone Fish, founder and CEO of research firm Strategy Risks, joins to break down the deal's framework. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: / cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: / cbsnews Like CBS News on Facebook: / cbsnews Follow CBS News on X: / cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-0... For video licensing inquiries, contact: [email protected]