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NewsBreak: Trump China Trade Deal but No Full Tariff Rollback - President Donald Trump said Friday that he will not fully roll back tariffs on China, but does expect to sign a trade deal with the country in the United States, according to published reports.

Trump said that a deal could be signed with Chinese President Xi Jinping in Iowa.

The president also said he won’t “fully roll back” tariffs.

Stocks remained in the red in morning trading, but pared losses from the open. The S&P 500 was off 0.1%, while the Dow Jones Industrial Average fell 0.16%.

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