Trump administration officials have discussed offering a limited trade agreement to China that would delay and even roll back some U.S. tariffs for the first time in exchange for Chinese commitments on agricultural purchases and intellectual property, or IP, according to five people familiar with the matter.

Some of President Donald Trump's top trade advisers have discussed the plan in recent days in preparation for two rounds of face-to-face negotiations with Chinese officials in Washington, due to take place in coming weeks, the people said.

The discussions are preliminary and Trump has yet to sign off on the plan.