It turns out that the Saturday night dinner in Argentina between Presidents Trump and Xi met or exceeded most expectations, although to what degree depends entirely on which country’s perspective one chooses to accept. There is a 90-day window for more intense discussions, and that is a breakthrough no matter the side taken. There are of course more unanswered than answered questions such as the following:

While China has agreed to buy a significant USD value of U.S. agricultural products, will it start today, next week or at the end of the 90-day negotiating period? Does an exporter dare sell soybeans to China that can’t be shipped within this 90-day window? Will the resumption of trade make a notable difference in the le...