S&P500 futures edged higher on Friday after a record close during the prior trading session, as reports suggested that the White House’s plan to roll back tariffs on China isn’t as certain as originally thought.
Chinese officials said on Thursday that both sides had agreed to reduce tariffs, which the U.S. confirmed later in the day. But a divide remains in the White House over whether or not a tariff rollback is even a good idea, Reuters reported. Meanwhile, outgoing European Commission President Jean-Claude Juncker said he didn't expect the U.S. to impose import tariffs on cars from the EU. The White House has until Nov. 13 to decide whether it will proceed with the threat it made back in the summer.