The quick recovery from what could be serious scares shows that traders are an optimistic bunch–and it’s hopefully a good sign for the rally that is now into its third year.

Wall Street shifted lower in early trading Wednesday as markets took in more corporate earnings reports while considering the impact of tariffs being imposed by the United States and China.

US stocks open little moved by China's retaliatory tariffs. Mexico and Canada's tariff pauses suggests tariffs are negotiation tools, some say.

The U.S. Postal Service said it was temporarily suspending inbound parcels from China and Hong Kong, effective Tuesday

Amazon.com, Alibaba, and Temu parent PDD Holdings were among the e-commerce stocks tumbling on Wednesday after the U.S. Postal Service said it would temporarily suspend all inbound parcels from mainland China and Hong Kong.

Temu parent company PDD stock pared its losses after USPS said it would resume accepting packages from China.

Donald Trump announced tariffs on imports from Mexico, Canada and China, but has paused two of them while the other issued retaliations.

Last-minute phone calls pull the North American neighbours back from the brink of a trade war, but the US is still targeting Chinese imports.