His tariff talk, which started before the inauguration, has already had an impact on some oil stocks. Canada is the largest foreign source of U.S. crude, accounting for 60% of U.S. imports since 2020,

China and Hong Kong stocks fell on Wednesday after U.S. President Donald Trump hinted at new tariffs on Chinese imports, ending a brief reprieve for the markets.

China’s government has begun incrementally stimulating their economy, which could be a tailwind for China equities, which may have bottomed in January of last year.

Chinese stocks fell after US President Donald Trump said his threat to impose 10% tariffs on the nation’s goods was still being considered and may take place next month.

NEW YORK/LONDON (Reuters) -World stocks rose on Tuesday and the dollar gained after plunging the previous day as Donald Trump's return to the White House brought mixed messaging on tariffs and highlighted markets' twitching about trade policy.

Yesterday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following President Trump and President Xi’s Friday phone call that took place after Asia markets closed and before the US markets opened.

President Donald Trump’s repeated threats to slap steep tariffs on Canada and other friendly nations have left Toronto with some of the world’s worst-performing oil and gas stocks.

Asian stocks are mixed after U.S. President Donald Trump’s latest comments on tariffs raised uncertainty in Chinese markets

US stocks closed higher Tuesday after the first full day of Donald Trump’s second presidency, as traders absorbed a blizzard of executive orders that so far point to less aggressive action on trade.

After bracing for a torrent of tariffs by Donald Trump from his first day in office, investors in Chinese assets are breathing a sigh of relief — at least for now.