So we have the Treasury Secretary and White House spokeswoman saying this but she is also saying that it’s up to Trump on what the China tariff rate will be.

That gets to the heart of the issue: Even if they’re saying this, Trump often changes his mind.

You used to be able to assume that Trump would do whatever was best for the stock market but that’s no longer the case.

Also: Trump will speak at 5 pm ET.

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