See the latest Australian dollar analysis here:
FT says he is mulling doing so:
Trump administration officials are debating whether to remove some existing tariffs on Chinese goods as a concession to seal a partial deal that would pause the trade war with Beijing as early as this month.
According to five people briefed on the discussions, the White House is considering whether to roll back levies on $112bn of Chinese imports — including clothing, appliances, and flatscreen monitors — that were introduced at a 15 per cent rate on September 1.
…But Washington would likely expect something in return, including beefed up provisions on the protection of intellectual property for US companies, greater certainty on the scale of Chinese purchases of US farm products, and a signing ceremony for the agreement on American soil.
Looks like more talk to support marketds to me. Such concessions are a part of phase two negotiations…