The Nasdaq surges 4% as the president backtracks on his stance, no longer seeking to dismiss the Fed chairman and aiming for a tariff agreement with China. Donald Trump is now spending more time retracting his statements than he did destabilizing the market with his trade war and harsh remarks against almost everyone,

Confronted with fresh warnings from financial markets, business leaders and top advisers, President Donald Trump this week eased off on two of his frequent punching bags: Jerome Powell and China.

President Trump could roll back some of his harsh tariffs on China as long as Beijing will match, according to The White House

President Trump said 145% tariffs on Chinese imports will "come down substantially" as his administration expressed optimism about a trade deal.

President Donald Trump had expressed optimism about a future deal with China and said tariffs would eventually come down.

The price of gold jumped to a fresh record high on Tuesday, as concerns about US President Donald Trump’s intention to oust Federal Reserve Chair Jerome Powell weighed on investors.

Gold prices dipped on Wednesday after U.S. President Donald Trump hinted at lower tariffs for China and backed away from threats to fire Federal Reserve Chair Jerome Powell. Spot gold was down 1.5% at $3,