Stock markets in the Gulf ended mixed on Thursday, as investors remained cautious, keeping a watchful eye on U.S. President Donald Trump's policy announcements and their potential impact on the market.

President Donald Trump on Tuesday doubled down on his threat to impose stiff tariffs on the United States' top trading partners Feb. 1, despite allies' assertions Tuesday that the tariff agenda is likely to take shape over a longer,

Global stock markets rose on Tuesday, after US President Donald Trump stopped short of announcing new tariffs on his first day in office. The three main US indexes ended the day higher, while shares in Europe and Asia also made modest gains.

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.

That’s because President Donald Trump said on Tuesday that a new 10% across-the-board tariff on Chinese goods could be enacted as soon as February 1. Unlike Mexico and Canada, which largely avoid tariffs on exports to the United States because of the current USMCA trade agreement which Trump signed in his first term,