WASHINGTON/BEIJING -- Even as the "phase one" trade deal between the U.S. and China averted an escalation of the trade war, the agreement is widely seen as a small-bore pact that focused on relatively easy issues, such as agricultural and currency.
Structural issues such as Beijing's subsidies will be difficult to resolve to end trade war

China's Vice Premier Liu He, left, and U.S. President Donald Trump during a meeting in the Oval Office. © Reuters
WASHINGTON/BEIJING -- Even as the "phase one" trade deal between the U.S. and China averted an escalation of the trade war, the agreement is widely seen as a small-bore pact that focused on relatively easy issues, such as agricultural and currency.