As expected, President Trump’s visit to China has been accompanied by the signing of several commercial deals, but has not featured a big reset in trade relations. The $253 billion value of deals announced is impressive when compared to the $269 billion annual trade deficit the U.S. holds with China, but includes a mix of long-term investments and multi-year investment deals. While it is easy to be skeptical, several deals are significant. A $37 billion jet purchase program for Boeing is equivalent to 55% of annual U.S. exports of jets to China if spread over five years. Qualcomm’s thre...