No change in status quo despite extended US-China trade truce: Trade policy expert

Ed Gresser from the Progressive Policy Institute says that while the trade truce has been extended, there is still little common ground between the U.S. and China for a more substantive trade agreement. He adds that while the U.S.-China trade deficit has narrowed, imports from Southeast Asia, especially Vietnam, have surged, meaning the overall U.S. trade balance has changed little.