President Donald Trump can't stop contradicting himself on his own tariff plans. He says he's on a path to cut several new trade deals in a few weeks — but has also suggested it's “physically impossible" to hold all the needed meetings.

Trump pushed back on China after Beijing's foreign ministry called the administration's assertions that tariff talks are happening "fake news."

Stocks rally, yields soften, the dollar rises, and even beaten-down names enjoy the wages of potential trade peace.

By Rae Wee SINGAPORE (Reuters) -Stocks drifted on Thursday and a rebound in the dollar lost traction as investors tried to sift through the noise from the Trump administration and its fickle stance on tariffs and the Federal Reserve's leadership.

U.S. stocks ended the Wednesday session higher after President Donald Trump was seen dialing back his rhetoric on the Federal Reserve and China trade.