China is preparing for a potential probe into how Apple deals with developers, including taking a 30% cut on in-app spending, according to a report.

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.

Asian equities rebounded, and tariff talk became more bark than bite for Canada and Mexico as the U.S. dollar fell.

Asian shares were trading mixed Wednesday as markets mulled the impact of tariffs being imposed by the United States and China. The Hang Seng dropped 1.2% to 20,543.93, while the Shanghai Composite lost 0.

The United States Postal Service said it will keep accepting parcels from China and Hong Kong and work to ensure the "least disruption" to deliveries.

Trump's new rules is likely to stem the flow of packages from China's retailers The US Postal Service (USPS) said it has stopped accepting parcels from mainland China and Hong Kong until further notice.