Whispers of a possible deal are emerging from the U.S.-China trade talks in Washington. President Trump still has the upper hand. The question is whether he will use it—or settle for a face-saving deal to boost markets and shore up his rural constituency. The initial signals aren’t encouraging—although there is nearly a month to go before the 90-day trade cease-fire expires. The main takeaway from Thursday’s meeting between Mr. Trump and Chinese economics czar Liu He was an apparent Chinese commitment to buy an additional...

Source: Wall Street Journal February 01, 2019 08:26 UTC