China

Trump announced 25 percent tariffs on all steel and aluminum imports, escalating trade policy amidst existing metal duties

Oil prices gain 0.51 percent but are set for third successive weekly decline amid trade war concerns
Brent crude prices gained 0.51 percent to $74.67 but were set to fall 2.8 percent this week

Analysts expect markets to remain volatile in the coming weeks as investors adjust to Trump's new policy positions and tariffs
