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Despite a pressure campaign to lower interest rates and previously suggesting he would fire Federal Reserve chair Jerome Powell, President Donald Trump now says he does not plan to do that.Earlier in the week, the president attacked the chairman for pausing his plan to cut interest rates, saying he would fire Powell if he wanted to. The threat caused a stock market sell-off that then rebounded Tuesday after Trump clarified his position. But investors believe more market swings are coming as Trump and Treasury Secretary Scott Bessent appear at odds on Chinese tariffs. Bessent called the ongoing trade war "not sustainable," while Trump said he would reach a deal quickly, bringing the final rate on tariffs down "substantially" from their current 145%."We're going to be very nice," Trump said before reporters on Tuesday. " going to be very nice, and we'll see what happens. But ultimately, they have to make a deal, because otherwise they're not going to be able to deal in the United States."The future of the U.S. and global economies hangs on Trump's trade decisions. Most recently, the International Monetary Fund says his tariffs will slow economic growth around the world and raise the odds of a recession in the U.S.