Los Angeles Times

News Analysis: New US-China trade deal leaves the thorniest problems unresolved

WASHINGTON - After nearly two years of a bruising trade war, the new U.S.-China trade deal to be signed Wednesday gives President Donald Trump some immediate benefits and allows both sides to put off the most difficult issues.

But below the ceremonial veneer of a White House signing event and Trump's extravagant tweets on his achievement, the hard reality of the so-called Phase 1 agreement is that it does not even begin to address the potentially dangerous gulf that exists between the United States and China on trade and economic policy.

The two nations remain on the cusp of long-term decisions that will have potentially harsh consequences for both.

The United States already has moved to restrict Chinese investments in America, deny licenses for Chinese telecom firms and blacklist others, notably Huawei. Research collaborations are coming under scrutiny and more Chinese international students are being denied visas.

"That means that

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