1. China is looking to make a deal with the U.S.

Chinese economic officials are meeting with their American counterparts this week. And they’re preparing to offer a quick fix to the trade deficit: a promise to buy as much as $200 billion worth of American goods. Above, a port in Shandong Province.

That would allow President Trump to claim a major victory in his campaign to rebalance America’s trade relationship with its biggest economic rival. But economists say the offer is simply not practical. The U.S. economy is already near its full productive capacity and probably couldn’t produce enough to meet that kind of demand.