President Donald Trump is hailing the latest trade framework with China as a game-changing breakthrough. Yet the deal he touted Wednesday represents little more than a reset back to earlier terms — and even that came at a cost.

President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.

President Donald Trump's tariffs were touted as a tool for winning trade concessions from other countries. Those benefits are so far few and far between.