US President Donald Trump’s tariffs are giving international stocks a serious lift and at the same time helping to end the S&P 500 Index’s run of global dominance — at least for now.

U.S. stocks drifted to a mixed finish as President Donald Trump’s tariffs on dozens of countries had only a muted effect on markets worldwide.

Indian benchmark indices Sensex and Nifty faced a severe selling pressure on Friday as the renewed Trump tariffs dented the sentiment on Dalal Street.

Kuwait's oil minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump's recent remarks on Russian oil.

President Donald Trump is lashing out at India over Russian oil imports amid mounting trade tensions. On Wednesday, he doubled tariffs on India to 50 percent.

Trump nominated Stephen Miran, the chair of the Council of Economic Advisors and a Harvard Ph.D, on Aug. 7 to serve as temporary Fed governor, filling the opening left by Adriana Kugler’s unexpected resignation. Kugler, a labor economist, announced that her surprise resignation would take effect Aug. 8.

President Donald Trump indicated he would likely nominate a temporary Federal Reserve governor to fill the soon-to-be vacant seat on the central bank’s board within the coming days, rather than use the seat to signal his choice to replace Jerome Powell as chairman.

President Donald Trump is planning to meet with advisers today about an unexpected open seat on the Federal Reserve Board, according to a person familiar with the matter.