Trump says won’t fire Fed chief, signals China tariffs will come down

Donald Trump said Tuesday he had no intention of firing the chair of the United States Federal Reserve and signalled a “substantial” lowering of tariffs on China — bringing relief to global markets spooked by his aggressive trade policies. Trump’s recent outbursts against Fed boss Jerome Powell had fanned concern that he would oust him, sending jitters through markets. The president had criticised Powell for warning that the White House’s sweeping tariffs policy wou