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Trump’s tariffs on products from Canada, Mexico, and China took effect just after midnight ET on Tuesday
U.S. President Trump followed through on threats of increased tariffs against China, Canada, and Mexico
Strategic shale oilfield development will create jobs and enhance regional economic growth significantly
China responded immediately, announcing additional tariffs of 10-15 percent on certain U.S. imports from March 10
Trump announced 25 percent tariffs on Mexico and Canada, starting Tuesday, and doubled Chinese tariffs to 20 percent
WTI crude futures dropped by 0.9 percent to $67.64 a barrel
In GCC markets, investor sentiment could be impacted by concerns over the economic fallout from new U.S. tariffs on China, Canada and Mexico
Investors are now looking forward to China's annual parliamentary meeting for further insights into potential measures to support its economy
The U.S. dollar index fell 0.33 percent from more than a two-week high it hit in the previous session
Spot gold fell 0.4 percent to $2,864.94 an ounce, while April futures decreased 0.6 percent to $2,877.80 an ounce
Copper rose 0.8 percent to $9,486.05 per ton as Chile disruptions mitigated tariff concerns
West Texas Intermediate (WTI) crude futures climbed 0.4 percent to $69.17 a barrel
