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China we imposed on russia because china has already given substantial assistance to russia in this elevated commodity purchases and a number of other things that are really critically important to the russians at this point. >> is that the option? the option that exists, do you think it's realistic? do you think the biden administration would do that, levy severe sanctions on china? >> well, the biden administration obviously doesn't want to do that, but it might be forced into it. this really looks like a seminole where we passed an historical inflection point. because of that what was not p...

Of course because of china's strong support for russia and ukraine, that has further damaged relations. this is a two-part meeting. the first part has been held. the chinese foreign ministry has talked about it and said they'll have eu/china dialogue on food security, another on energy. those are two critical things for china right now. china needs europe on these two points. >> but what are the chances that china does anything to help with the war in ukraine or is helping just staying neutral? >> well, europe's point of view is helping is staying neutral because china has been providing mater...

Sanctions. blake burman has more. >> i spoke with a source that knows about the discussions. he said "we're moving." they are optimistic over here at the white house a deal could potentially happen in the upcoming weeks. as it stands now, no official deal between the united states and china. speaking to maria bartiromo earlier this morning, kevin hassett echoed those sentiments. >> those folks are working really hard to deliver a deal. way north of 100 pages filled with nuances and details. everybody is hopeful that this will get to the finish line soon. >> the finish line may be some time soo...