Major stock markets in the Gulf were subdued in early trade on Tuesday in line with Asian shares as investors exercised caution after U.S. President Donald Trump unveiled plans for trade tariffs on neighbouring countries,

Canadian leaders expressed relief Monday that broad tariffs were not applied to Canadian products on the first day of Donald Trump's presidency and that he did not mention America's major trading partner during his inaugural speech.

The president said he planned to put tariffs on America’s neighbors on Feb. 1, as he signed an executive order mandating a sweeping review of U.S. trade policy.