President Donald Trump on Monday said he would welcome a “bidding war” for TikTok as he appeared to confirm that Microsoft is among the companies that have declared interest in acquiring the popular social media platform. Trump told reporters aboard Air Force One he has an affinity for bidding wars.

A look at the day ahead in Asian markets. Asia kicks off what is likely to be a volatile day in global markets on Monday after President Donald Trump followed through on his threat to hit Mexico, Canada and China with tariffs on imports into the United States.

Canada’s prime minister and Mexico’s president have ordered retaliatory tariffs against Americans, following through with their threats after U.S. Donald Trump sparked a trade war by imposing sweeping tariffs on imports from Canada,

Stocks in the US dropped Monday morning, following European and Asian markets lower as investors digested Trump's tariff announcements.

By Yoruk Bahceli, Tom Westbrook and Naomi Rovnick LONDON/SINGAPORE (Reuters) - Financial markets that had bet trade wars could be avoided are reassessing the risks of a sharp global slowdown, resurgent inflation and a pause to Federal Reserve rate cuts following Donald Trump's tariffs on top U.

President Trump announced fresh tariffs on Canada, Mexico, and China that look set to reshape global economies.