Asian stocks were mixed on Wednesday after U.S. President Donald Trump's latest comments on tariffs raised uncertainty in Chinese markets. Investors in Asia were relieved on Monday after Trump decided not to immediately impose significant tariffs on China.

Shares fell Friday in Asia after U.S. markets were closed to observe a National Day of Mourning for former President Jimmy Carter. U.S. futures were lower and oil prices advanced.

U.S. stocks are drifting higher Tuesday after more companies said they made bigger profits at the end of last year than analysts expected. The S&P 500 was up 0.5% in midday trading, as many markets around the world took only tentative steps following Donald Trump’s return to the White House on Monday.

Stock markets in the Asia-Pacific region have moved higher after President Donald Trump outlined a pro-business agenda for his second term in the White House and stopped short of imposing new trade tariffs on his first day in office.