As the US and China came to an agreement to lower tariffs sharply this week, trade war uncertainty has, for now, subsided. But Wall Street has a new question for President Donald Trump: What about tax cuts?

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

President Donald Trump's trade policies have gone through many iterations over the past month, but his baseline 10% tariff on nearly all countries is here to stay, the White House said. "The president is committed to the 10% baseline tariff — not just for the United Kingdom,