Global stocks steadied on Friday after a volatile week due to the emergence of a low-cost Chinese artificial intelligence model, while investors braced for the threat of U.S. tariffs on Canada and Mexico as early as Saturday.

The dollar was edging higher against a basket of currencies, recovering modestly after falls the previous day following weak U.S. gross domestic product data. Markets turn cautious ahead of possible announcements by President Trump on tariffs,

President Donald Trump announced the introduction of tariffs on semiconductors from abroad, primarily from Taiwan, to encourage companies to move production to the USA. Trump also stated that the success of the Chinese AI model,

President Donald Trump announced the introduction of tariffs on semiconductors from abroad, mainly from Taiwan, to encourage companies to move production to the USA. Trump also stated that the success of the Chinese AI model,