President Trump described his Beijing summit with President Xi Jinping as producing "fantastic trade deals," including a commitment for China to purchase at least 200 Boeing aircraft and unspecified volumes of U.S. oil and soybeans, according to CBS News. Said Wendy Cutler, former U.S. Trade Representative negotiator and now senior vice president at the Asia Society Policy Institute: "So far, it doesn't seem like Trump and his team have a lot to show for the visit." Boeing shares fell 3.8% on Friday, and the proposed tariff relief under a new "Board of Trade" framework covers roughly $30 billion in goods — less than 10% of annual U.S.-China trade volume, according to Capital Economics.