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A meeting between President Donald Trump and China's Xi Jinping is "highly unlikely" before a March 1 deadline, but that tariffs are likely to be kept at 10% rather than jump to 25%, CNBC reported, citing both administration and outside sources. Earlier, National Economic Council Director Larry Kudlow had indicated there was considerable distance still to be reached before a U.S.-China deal was agreed. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.