KW: Since details of the deal were embargoed until President Trump actually signed the pact, most investors have only just begun to read into it, and many are finding that the deal isn’t as meaty as they expected, said UBS floor manager Art Cashin. Now that the full text has been released, the takeaway is pretty clear: Beijing is benefiting from the deal.

Despite the Trump administration’s best efforts, it failed to wrest any major concessions from their Chinese rivals.

Source: Here Are The Biggest Winners & Losers From US-China Trade Deal | Zero Hedge