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The U.S. and China don’t seem eager for a trade deal

Officials from the two countries are set to meet in Shanghai this week to continue negotiating a cease-fire for their trade battle, the WSJ reports. But neither side appears eager to strike a deal anytime soon.

On the agenda are smaller items, like Beijing’s buying more U.S. farm products and Washington’s easing restrictions on sales to Huawei.

But both sides were tamping down prospects of a big breakthrough:

• “I don’t know if they’re going to make a deal,” President Trump said Friday. “Maybe they will, maybe they won’t.” (He also suggested that China won’t want to strike a deal until 2021, and has pressed the W.T.O. to crack down on Chinese trade practices.)