In tech: Trump and Tim Cook, Apple’s chief executive, announced that the company was pledging $100 billion in additional U.S. investment, its latest move to avoid iPhone tariffs. Trump also threatened to impose levies of 100 percent on all foreign-made chips next week unless manufacturers agreed to invest and build in the U.S.

"And as you know, we put a 50 per cent tariff on India on oil. They’re the second largest [purchaser of Russian oil]. They’re very close to China in terms of the purchase of oil from Russia. So, I don’t know if that had anything to do with it,