Trump says US, China 'rounding the turn' in trade talks

The US has "already gotten concessions that probably go beyond what China has been willing to do in the past," said Erin Ennis, senior vice president at the US-China Business Council. Still, analysts say the talks are unlikely to end long-standing tensions between America's mostly open, capitalist economy and a Chinese economy in which the Communist Party and the central government play a dominant role.