Preliminary Deals, Perpetual Uncertainty The latest chapter in the US China trade saga has left many wondering what was accomplished during President Trump's visit to Beijing.
The Chinese commerce ministry's characterization of the agreements as "preliminary" only adds to the ambiguity.
On paper, the establishment of investment and trade boards to negotiate tariff reductions appears to be a positive step. However, the lack of concrete details on volumes, values, or timelines is alarming.