Global shares were trading mixed Wednesday as markets mulled the impact of tariffs being imposed by the United States and China. France's CAC 40 shed 0.3% in early trading to 7,881.94, while Germany's DAX fell 0.

Stock markets in Asia and Europe slumped Monday after Donald Trump slapped tariffs on Canada, Mexico and China, sparking fears over another bruising ‘America First’ trade war that could hit global economic growth.

Stock market returns under presidential administrations are more correlation than causation, regardless of what political pundits say.

Among the S&P 500, 91% of stocks showed early declines following President Trump’s announcements of tariffs against Canada, Mexico and China.

President Donald Trump’s new tariffs on imports from Canada, Mexico, and China have sparked fears of an escalating global trade war, causing Asian stock markets to tumble in early Monday trading. Taiwan’s Taiex fell 4.

Wall Street was mixed in light trading early Tuesday as anxiety dissipated somewhat after President Donald Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada. Trump's imposed tariffs on China remained in place.