U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a $550 billion package of U.S.-bound investment and loans.

The centerpiece is Tokyo’s pledge to set up a $550 billion US investment fund and the lack of detail is raising questions about the viability of an agreement that’s been floated as a potential templa...

Meanwhile, earnings estimates for the S&P 500 compiled by research group FactSet are 3% lower since then, the Journal said.

President Donald Trump suggested that he could send out rebate checks to U.S. citizens, directly distributing revenue raised from tariffs. When asked if he would consider tariff rebate checks, Trump said he was “thinking about that,

“We’re thinking about that actually,” Trump said of a potential rebate check. “We have so much money coming in, we’re thinking about a little rebate but the big thing we want to do is pay down debt, ...