In a wide-ranging interview, Stephen Miran, the president of the chair of President Trump’s Council of Economic Advisers, said “volatility doesn’t necessarily mean anything greater for the long term.”

Key Takeaways The U.S. and U.K. announced a trade deal framework on Thursday, boosting Wall Street's hopes for more deals to come. U.S. and Chinese officials are scheduled to meet in Switzerland this weekend to hold their first talks since the beginning of a tit-for-tat trade war that White House officials have compared to an embargo.