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Trump’s China Handshake Fails to Lift Economic Gloom

  • Trade war pause uncertain rather than durable: Morgan Stanley
  • IMF downgrade of global growth expected in the week ahead
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Trump Embraces 'Phase 1' China Trade Deal
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The pledges China and the U.S. made to keep prospects alive for a comprehensive trade deal did little to alter the deteriorating growth outlooks for both countries because they were sealed with something economists don’t trust: a handshake.