President Trump and Chinese President Xi Jinping met and declared a 90-day cease fire. Where will this end? It's hard to forecast. Our commander in chief is less predictable than the stock market. But we can opine on what should happen. And we can look for interest — what is in everybody's interest to have happen?
That answer is clear:
Come to a quick deal, declare victory and get back to work fixing real economic problems;
China makes some commitments about intellectual property (reasonably good for both sides, though not as important as all the fuss makes it seem);
China makes some promises to buy American goods (crony capitalist mercantilism, but it makes politicians feel good);
the U.S. announces the 25-percent tariffs are off the table;
both politicians announce a great triumph.
