Rinse and repeat. Deja vu all over again. Lighting the fire and then putting it out. That’s what Trump’s relationship with Xi is all about.
The world understands perfectly; for all of Trump’s bluster and determination to prove he is the boss, he is losing the trade war to China, because Xi holds the rare earths card and is willing to use it. If you were in his position, you would, too.
This “agreement” is just a brief cease-fire. The real issues have not been resolved. We still don’t know what Trump’s real objectives are, and the likelihood is that he doesn’t, either. The war will return shortly.