The US and China could be nearing a short-term understanding, but any deal may be shaky and temporary. Shehzad Qazi, managing director at China Beige Book International, breaks down the chances of a tactical agreement and what China's wage hikes really mean for US companies producing there. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. #yahoofinance #china #tradewar About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance