UPDATE 1-Trump, Xi unlikely to meet before March 1 trade deadline -U.S. officials

U.S. President Donald Trump and Chinese President Xi Jinping are unlikely to meet before their countries' March 1 deadline to reach a trade deal, two U.S. administration officials and a source familiar with the negotiations said on Thursday.

The countries had taken a 90-day hiatus in their trade war to hammer out a deal, and another round of talks is scheduled for next week in China. White House economic adviser Larry Kudlow told reporters on Thursday that the leaders of the two economic superpowers could still meet later.

“At some point the two presidents will meet, that is what Mr. Trump has been saying. But that is off in the distance still at the moment," he said. (Reporting by Steve Holland and Jeff Mason; Additional reporting by Alexandra Alper; Writing by Lisa Lambert; Editing by Doina Chiacu and Alistair Bell)