China Gives Up Little for Trade Truce

Wall Street Journal: “For now the truce opens an opportunity for Beijing to kick down the road concessions that it doesn’t want to make. Whether those hard issues ever get resolved is a question.”

“The Chinese leadership feels that time is on its side, believing President Trump is under pressure to make compromises as part of his re-election bid next year. But by trying to drag out the negotiations, Beijing also risks the prospect that Mr. Trump may harden his position again to show he is being tough on China—or that it may have to start over with a new Democratic president.”