A meeting between President Donald Trump and President Xi Jinping, likely to be held on Jun. 29 at the G20 Summit, could yield a ceasefire in the continuing round of widening tariffs and non-tariff measures between the two countries. There’s unlikely to be a tariff roll-back or a timetable for further talks however, particularly given the increasingly hawkish rhetoric in the Chinese press regarding China’s unwillingness to make permanent policy changes. Tariffs have been working – at least on the measure of cutting exports – with China’s exports to the U.S. down $37.6 billion year over y...