A pedestrian looks at an electric quotation board displaying the numbers on the Nikkei 225 index at the Tokyo Stock Exchange (L) and the the New York Dow (R) in Tokyo on August 26, 2019. - Tokyo
PHOTO: Kazuhiro Nogi/AFP/Getty Images
A pedestrian looks at an electric quotation board displaying the numbers on the Nikkei 225 index at the Tokyo Stock Exchange (L) and the the New York Dow (R) in Tokyo on August 26, 2019. - Tokyo's key Nikkei index plunged as much as 2.6 percent at the open on August 26 as the yen surged against the dollar on escalating US-China trade tensions.
Now playing
02:01
US and China agree to trade talks ... again
WASHINGTON, DC - FEBRUARY 01: U.S. President Joe Biden (Center R) and Vice President Kamala Harris (Center L) meet with 10 Republican senators, including Mitt Romney (R-UT), Bill Cassidy (R-LA) and Susan Collins (R-ME), in the Oval Office at the White House February 01, 2021 in Washington, DC. The senators requested a meeting with Biden to propose a scaled-back $618 billion stimulus plan in response to the $1.9 trillion coronavirus relief package Biden is currently pushing in Congress. (Photo by Doug Mills-Pool/Getty Images)
PHOTO: Pool/Getty Images North America/Getty Images
WASHINGTON, DC - FEBRUARY 01: U.S. President Joe Biden (Center R) and Vice President Kamala Harris (Center L) meet with 10 Republican senators, including Mitt Romney (R-UT), Bill Cassidy (R-LA) and Susan Collins (R-ME), in the Oval Office at the White House February 01, 2021 in Washington, DC. The senators requested a meeting with Biden to propose a scaled-back $618 billion stimulus plan in response to the $1.9 trillion coronavirus relief package Biden is currently pushing in Congress. (Photo by Doug Mills-Pool/Getty Images)
Now playing
02:08
Zandi: Stimulus plan doesn't do enough for the most in need
Now playing
01:36
Michael Bolton wants you to break up with Robinhood
Now playing
03:02
Congressman: The stock market needs to protect retail investors
Now playing
03:51
GameStop investor on why he's still holding on
why it
why it's better to invest cash than save it kristen bitterly orig_00012028.png
Now playing
01:59
Holding onto your cash? History shows it's better to invest it
In this photo provided by the New York Stock Exchange, Michael Urkonis, center, works with fellow traders on the floor during the Signify Health IPO, Thursday, Feb. 11, 2021. Stocks edged higher on Wall Street in early trading Thursday as investors continued digesting solid corporate earnings reports and maintained confidence that a new round of government aid is on the horizon. (Courtney Crow/New York Stock Exchange via AP)
PHOTO: Courtney Crow/AP
In this photo provided by the New York Stock Exchange, Michael Urkonis, center, works with fellow traders on the floor during the Signify Health IPO, Thursday, Feb. 11, 2021. Stocks edged higher on Wall Street in early trading Thursday as investors continued digesting solid corporate earnings reports and maintained confidence that a new round of government aid is on the horizon. (Courtney Crow/New York Stock Exchange via AP)
Now playing
03:08
El-Erian on risks to the market rally
PHOTO: Courtesy Kearns family
Now playing
02:56
Parents of young trader who died by suicide: Robinhood is to blame
kenny polcari market overvalued and stretched orig_00013830.png
kenny polcari market overvalued and stretched orig_00013830.png
Now playing
02:32
Polcari: A healthy market pullback of 5-7% should happen
Bitcoin
PHOTO: CNN
Bitcoin
Now playing
03:17
Tesla invests $1.5 billion in bitcoin
Now playing
02:20
El-Erian: Robinhood is a reminder that 'you have no friends on Wall Street'
People walk by a GameStop store in Brooklyn on January 28, 2021 in New York City. Markets continue a volatile streak with the Dow Jones Industrial Average rising over 500 points in morning trading following yesterdays losses. Shares of the video game retailer GameStop plunged. (Photo by Spencer Platt/Getty Images)
PHOTO: Spencer Platt/Getty Images
People walk by a GameStop store in Brooklyn on January 28, 2021 in New York City. Markets continue a volatile streak with the Dow Jones Industrial Average rising over 500 points in morning trading following yesterdays losses. Shares of the video game retailer GameStop plunged. (Photo by Spencer Platt/Getty Images)
Now playing
01:17
Here's why GameStop shares are plunging
PHOTO: CNN
Now playing
02:22
His risky bet made him a millionaire on paper. It could've gone very differently
NEW YORK, NEW YORK - JANUARY 27: GameStop store signage is seen on January 27, 2021 in New York City. Stock shares of videogame retailer GameStop Corp has increased 700% in the past two weeks due to amateur investors. (Photo by Michael M. Santiago/Getty Images)
PHOTO: Michael M. Santiago/Getty Images
NEW YORK, NEW YORK - JANUARY 27: GameStop store signage is seen on January 27, 2021 in New York City. Stock shares of videogame retailer GameStop Corp has increased 700% in the past two weeks due to amateur investors. (Photo by Michael M. Santiago/Getty Images)
Now playing
03:16
GameStop mania shakes up Wall Street
Now playing
05:26
Christine Romans: This is being fueled by the elixir of a quick profit
Vlad Tenev CPT intv 0128
PHOTO: CNN
Vlad Tenev CPT intv 0128
Now playing
05:49
Robinhood CEO speaks to Cuomo after GameStop stock chaos
(CNN Business) —  

President Donald Trump was supposed to sign a partial trade deal with Chinese President Xi Jinping next week, but negotiations over the final text have reached a rough patch, according to people familiar with the matter.

It’s not clear when a final text will be ready for the two men to sign.

The planned signing of the deal in Chile was scrapped last month because of protests in the country. In the last several days, the two sides have found themselves at odds over the finer details of an agreement that Trump announced in principle last month from the Oval Office.

The details in question include the size of Chinese agricultural purchases from the United States, which Trump has touted as a boon to American farmers. China has been resistant at including a number for their purchase commitment, even though Trump said it would be between $40 and $50 billion.

The two sides have also failed to reach agreement on the level of tariff relief if a deal is struck. And there remain wide gaps on the language included in the deal on intellectual property protections and forced technology transfer, which have been main US demands on China as the deal progresses.

The disputes have led to questions of when the deal might be ready to sign. Trump has said he will only agree to a good deal, and is content keeping tariffs in place.

Last week, Trump said the United States has yet to agree to roll back billions of dollars in tariffs.

The ongoing trade war has been marked by a series of tit-for-tat tariffs, rattling markets and depressing business investment – a major drag on the US economy.

China’s growth dropped last quarter to its lowest level in nearly three decades, as the world’s second largest economy continues to feel the pain from the trade war with the United States.