I don’t understand why Trump “needs a deal?” China trade is a very small part of overall USA GDP. Yes, the stock market could get a nice short-term boost from headlines, but the incidence of a future recession in the USA has almost nothing to do with China.
Re-orienting trade with China is a long-term, strategic project. We know China is a mercantilist country that plans trade to simply gain intellectual property, technology and to boost its own interests. Trump has finally forced America to recognize this, but its been a situation 40 years in the making, and fixing it will take many years.
Consider that Trump vs China also serves as a lesson to other countries that want to continue to **** us in their trade practices.