Trump eyes trade deal with China, talks with Xi ...Middle East

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President Trump said Tuesday that the hefty tariff rate on China will significantly be reduced after he negotiates with Chinese President Xi Jinping, expressing optimism about a trade deal.

Welcome to The Hill’s Business & Economy newsletter, I'm Aris Folley — covering the intersection of Wall Street and Pennsylvania Avenue.

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Tesla CEO Elon Musk said on Tuesday he plans to spend less time working on the White House’s Department of Government Efficiency (DOGE) initiatives to focus more on the electric vehicle manufacturer, which saw its sales plummet in the first quarter.

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