Column: Trump's non-deal deal with China is mainly significant for sentiment - Russell - Reuters:
When is an agreement not really an agreement? When it is the latest maneuver in the long-running trade dispute between the United States and China.
That’s not to say the Oct. 11 announcement by both parties isn’t significant, but it is still a long, long way from the sort of comprehensive resolution sought not only by the world’s two biggest economies, but also by the rest of the world fearful of a trade war-inspired recession.
President Donald Trump went so far as to call the announcement a “lovefest,” while Chinese Vice Premier Liu He was more circumspect, noting that the two sides had made “substantial progress in many fields.”
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