Comprehensive Economic Dialogue (CED) talks between the U.S. and China did not yield significant new export “wins” for the U.S. While talks will be continued in the coming year, no firm deadlines have been set. The two agreed to “constructively cooperate” to narrow the U.S. trade deficit with China, which appeared to be the main focus of the talks. That is currently going the wrong way for the U.S. – it hit the highest since October 2014 in June, and was 46% bigger than China’s surplus with the rest of the world combined. The talks also appear to have touched on services, financ...