Trump, Xi upbeat on trade after phone call; US targets more Chinese firms

Jacob Parker, vice president of China operations at the US-China Business Council in Beijing, said there were plenty of challenges that would require significant negotiations in advance of a meeting between Trump and Xi to ensure success. "What negotiations have lacked to date has been that (presidential) level of engagement. If President Trump makes an agreement with President Xi, there is nobody above them to overturn it," he said.