Nio Inc. (NYSE:NIO), and Xpeng Inc. (NYSE:XPEV) rose as much as 3.2% in premarket trading on Friday after President Donald Trump said in an interview with Fox News that he would rather not use tariffs against China.

President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.

Chinese President Xi Jinping reaffirmed ties with his Russian counterpart Vladimir Putin on Tuesday, as the two face a more geopolitically assertive US government led by Donald Trump, who criticised the Kremlin's war against Ukraine on the first day of his second term as president.

Much has been made of the impending trade war between the United States and China, but the mercurial Trump might surprise us all.

Trump should reflect on the ramifications of his comments about Canada, Greenland and the Panama Canal.

The incoming US leader is interested in making the trip during his first 100 days, and has discussed it China’s Xi via their representatives.

According to the US Drug Enforcement Administration (DEA), fentanyl is a highly addictive synthetic opioid which presents the deadliest drug threat in the country. US President Donald Trump said he is looking at February 1 as the date for imposing the tariffs.

Talking about making a deal over fair trade practices, Trump said that it was possible for him to achieve that with Xi, who he termed as ‘ambitious’.

Trump has been making certain goodwill gestures, from inviting Chinese President Xi Jinping to his inauguration ceremony to providing a high-level reception to China’s special representative and Vice President Han Zheng through US Vice President JD Vance.

It’s not yet known how Donald Trump will resolve TikTok’s complicated legal limbo, but what does seem clear is that the fate of the social media app is increasingly linked in the president's mind to his top issue of tariffs.

President Donald Trump could take a slower, more deliberate process in establishing tariffs after promising for months that trade partners would be hit with significant tariffs on his first day in office.