trump administration is setting the record straight on trade talks. >> reporter: we did see wall street reacting positively to a wall street journal report. here are the closing numbers, the dow up by 162, the s&p up by 19, nasdaq up by 49. this after a report said the us could consider lowering tariffs on chinese goods as both countries continue trade negotiations, that idea floated by treasury secretary steve mnuchin according to the article but there was some pushback from robert lightheiser, us trade representative but a spokesperson confirming neither secretary steve mnuchin nor ambassador lightheiser have made any recommendations with respect to tariffs. a chinese negotiator is expected to be back in washington dc at the end of january to continue with these discussions. futures are pointing higher,