According to a survey by AlixPartners, reported by CNBC, respondents expect the president to walk back steep duties on the European Union, Vietnam, India, and Mexico.
U.S. stocks ticked higher at midday Wednesday, buoyed by signs of progress in U.S.-China trade negotiations and cooler-than-expected inflation data, both of which supported risk appetite.
U.S. stocks ticked up on Tuesday, with investors closely watching for potential progress in ongoing U.S.-China trade negotiations taking place in London.
Wall Street opens the week on a quiet note, with major indexes steady as investors await potential trade breakthroughs during high-level U.S.-China talks in London.
Wall Street surged into rally mode during the final trading session of the week as better-than-expected jobs data helped ease fears of an economic slowdown.
Wall Street's two-day rally lost momentum Wednesday as investors reassessed the economic outlook after weak job numbers and a surprise contraction in the U.S. services sector cast fresh doubt over the strength of the economy.
