President Trump has taken new and at times confusing steps to project confidence on the issue he knows will likely determine his chances for a second term. And there are concerns time is running short.
On the table are new tax cuts, a fresh push for final approval of the new North American trade pact and increased pressure on the Federal Reserve to lower interest rates. In what officials describe as an"all hands on deck" initiative, Trump and top aides -- including son-in-law and senior adviser Jared Kushner -- have phoned business leaders to update them on the state of China trade talks and other economic efforts in an attempt at reassurance.
The trade war's latest victim: Manufacturing 02:37On Wednesday, US and Chinese negotiators spoke by phone to arrange the next round of talks, now expected in early October. It was taken by Wall Street as a sign of progress, even though the negotiations were originally meant to happen a month earlier. The development came after weeks of apparent stalemate, with neither side able to settle on dates or terms for the next meeting.
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