As the US and China came to an agreement to lower tariffs sharply this week, trade war uncertainty has, for now, subsided. But Wall Street has a new question for President Donald Trump: What about tax cuts?

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

The White House is defending its tariff regime after Walmart plans price hikes at its thousands of retail stores nationwide. The retail giant announced it will need to raise prices over the summer due to President Donald Trump’s tariffs.