Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.

US President Donald Trump has said he is considering imposing a 10% tariff on imports of Chinese-made goods as soon as 1 February. Trump said discussions with his administration were "based on the fact that they're sending fentanyl to Mexico and Canada".

The Trump administration is discussing a 10% punitive duty on Chinese imports. Trump said the EU also has troubling trade surpluses with the United States.

During his inaugural address, President Donald Trump doubled down on his assertion that China runs the Panama Canal. "China is operating the Panama Canal and we didn't give it to China. We gave it to Panama and we're taking it back,

U.S. President Donald Trump’s insistence that he wants to have the Panama Canal back under U.S. control is feeding nationalist sentiment and worry in Panama, home to the critical trade route and a country familiar with U.