OPINION — President Donald Trump appears to have returned from his China summit largely empty-handed.
As usual in these events, the Trump administration telegraphed the results it expected from the parley. And, as usual with the Trump administration, these were mostly transactional. Among the anticipated outcomes were the establishment of a Board of Trade to regulate cross-border commerce in goods, preliminary steps in setting up a Board of Investment to do the same for capital, a Chinese commitment to buy U.S. agricultural products, and one to buy Boeing airplanes.
There really weren’t hard Chinese commitments offered, at least publicly so far, on any of this. The Board of Trade comes the closest.