Hopes riding high on US-China trade talks, but reality paints a dimmer outlook

WASHINGTON - With a high-level Chinese delegation coming to Washington on Wednesday for trade talks, many on Wall Street and in America's corporate board rooms are hoping it will mark a turning point in President Donald Trump's trade war with China.

But there's little chance of a quick resolution, or an immediate removal of the tariffs that have been hanging over the fragile global economy.

For one, Trump in recent days has tempered his earlier optimism for a breakthrough. After previously sending tweets such as "talks with China are going very well" and "big progress being made," Trump's remarks of late have been more measured. And he's spoken positively about the money coming in from the tariffs he imposed last year on Chinese goods.

He also has repeated his warning that those tariffs - 10