The US and China are inching towards signing what has been described as 'phase one' of a broader trade agreement.
This putative breakthrough has ignited speculation concerning what that broad agreement might contain and what impact it might have on the global economy.
However, most analysts agree that a 'grand trade deal', if it even occurs, will arrive in a radically transformed business and trade environment. Markets may ultimately be disappointed by the impact.
(Source: Bloomberg TicToc YouTube channel)