The stock markets have found a new wind on the back of President Trump’s trade truce with Chinese President Xi Jinping. That truce was agreed to last weekend at the G-20 summit in Argentina. But if you care about America’s future prosperity and a rules-based international order that favors fair play via established rules, you better hope the truce doesn’t last.

Because if it lasts it will mean only one thing: China is playing the U.S. for a fool.