US officials debate lifting tariffs on China to get a trade deal: WSJ

• Treasury Secretary Steven Mnuchin was considering a proposal to lift some or all U.S. tariffs on Chinese goods in a bid to push trade talks between the U.S. and China, further along, sources tell the newspaper.

 

• Shares spiked when the news broke, with the Dow Jones Industrial Average rising 1% before settling back.

 

• Both countries have slapped tariffs on each other's goods in an escalating trade dispute.

 

(Source: CNBC)