, Columnist
A U.S.-China Trade Deal Is Only Half the Fight
Getting to an agreement is the easy part. Enforcing Chinese compliance will be a much bigger challenge.
Robert Lighthizer, left, and Liu He.
Andrew Harrer/Bloomberg, Qilai Shen/Bloomberg
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Equity markets have been rallying on the prospect that the trade-related cloud hanging over the global economy could be lifting.
The S&P 500 index is up more than five percent since Thursday, buoyed both by last week’s strong U.S. jobs figures and the sense of momentum in talks between U.S. and Chinese negotiators. The two countries can reach a deal they “can live with,” U.S. Commerce Secretary Wilbur Ross told CNBC Monday. His boss seems equally optimistic: