Major stock markets in the Gulf were mixed in early trade on Thursday, as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global economic growth.

President Donald Trump sent out tariff letters to six smaller U.S. trading partners on Wednesday with a pledge to announce import taxes on other countries later in the day.

Mizuho Bank, in a commentary, said the tariff deadlines “distract from far more consequential, and expedient, sectoral tariffs, which arguably reverberate across global industrial eco-systems” which ...

The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.

Implementing tariffs doesn’t necessarily cause the same pain to the targeted entities, and it can boomerang back on the U.S.

Russia’s Foreign Ministry accused the U.S. Wednesday of hinting at potential tariffs against the trade alliance of Brazil, Russia, India and China as a form of political pressure.