Any deals announced during the Trump-Xi summit may not ultimately materialize,
Capital Economics says in a research note. The firm notes that a key outcome of
Trump’s 2017 China visit was a package of trade and investment agreements that
the White House valued at more than $250 billion, but “the bulk of these deals
never materialised.”
The experience suggests investors should view announcements from the current
Trump-Xi summit with a “healthy degree of scepticism,” Capital Economics says.
