How likely is the US-China trade negotiation to reach an agreement by March 1?

Previously Mr Trump tweeted on social media and made public claims and comments about the ongoing the US-China trade negotiation, he has claiming that the negotiation is going well and a deal 'could very well happen' by the first of March. The market has been relatively optimistic about the ongoing negotiation. However, there has been some negative information about the ongoing trade negotiation. According to people briefed on the negotiation, the Trump administration rejected an offer by two Chinese vice-ministers to travel to the US for preparatory trade talks because of a lack of progress.

Trump and his administration still claim that the negotiation is going well and deny any there is any scheduled intermediate meeting or cancellation. However, a US senator said that according to the briefing he received from Mr Lighthizer, 'there has not been any progress made on structural changes that need to be made'. In addition, Trump has also made some bold claim about the negotiation that he will more than double the punitive tariffs on half of all Chinese exports to the US from 10 per cent to 25 per cent if an agreement is not reached by the 1st of March. Such claim can be seen as a threat that tries to force China to accept whatever the US offers; however, so far China does not seem to be soft in the negotiation and it is not likely for China to accept any outraging offer or deal. Trump cannot always get his way by using such strategy, not with the Democratic party domestically, nor with China overseas.

To conclude, I am not very optimistic about the US-China negotiation, the trade negotiation can be just a copy of the shutdown negotiation happening in the US that either side is willing to give up anything.