President Trump floated the idea of bringing tariffs on Chinese imports down to 80 percent from their current 145 percent rate, but he said it’ll be up to Treasury Secretary Scott Bessent.

U.S. stocks are drifting higher Friday as Wall Street heads toward the end of an unusually quiet week. The S&P 500 was up 0.4% in early trading and on track to erase what had been a small loss for the week.