Top political appointees are already at the E.P.A. preparing to erase the agency’s climate rules and pollution controls. Many of them have tried it before.

A whirlwind week of announcements, executive orders, and commentary from the president turned the prevailing market narrative on its head.

Chinese shares ended higher as sentiment was buoyed by U.S. president Trump's latest comments on tariffs. Trump said in an interview with Fox that he would rather not have to use tariffs. The Shanghai Composite Index rose 0.

Global stock markets rose on Friday, after U.S. President Donald Trump's latest comments were seen as taking a softer stance towards tariffs against China and raised the prospect of lower U.S. interest rates.

U.S. stock futures and the dollar were both sliding on Friday as Asian markets rallied after President Trump signaled he wouldn’t rush to raise tariffs on China. The moves came after Trump said he “would rather not” hike levies on imports from China,