From taking the lead in grounding the Boeing 737 MAX to buying 300 planes from rival Airbus, China is displaying its power to the American aerospace giant. WSJ’s Trefor Moss explains how Beijing could use Boeing’s safety crisis as leverage in future purchases—and in trade talks with the U.S.

The smaller deficit suggests U.S. economic growth in the first quarter might have been stronger than previously estimated.

Negotiators aim for signing ceremony in late May or early June.

The U.S. trade deficit fell to an eight-month low in February as imports from China plunged.

U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions, marking a retreat on a core U.S. objective for the trade talks.

Negotiators sit down for opening talks in Washington next week. Abe doesn’t want to give U.S. better deal than Europe, Asia

China-U.S. relations are now “too big to fail,” and thus the two countries must seek a new pragmatic balance in their relationship.

Cloud computing, data handling and other issues around the tech sector are at the forefront of negotiations.

The United States and China have largely agreed on a mechanism to police any trade agreement they reach, including establishing new “enforcement offices,” U.S. Treasury Secretary Steven Mnuchin said on Wednesday.

U.S. companies shift purchases of tariff-targeted products like furniture, refrigerators and car tires to countries such as Vietnam, South Korea, Taiwan and Mexico.