US stocks gained Monday as investors digested President Donald Trump’s doubling of tariffs on America’s steel and aluminum imports while trade tensions with China flare up once again.

U.S. stock futures are lower after major stock indexes eked out a gain despite rising trade tensions between the U.S. and China.

Key Points Steel stocks are surging due to Trump doubling tariffs on steel and aluminum. Consumer discretionary stocks are tumbling, especially those in the automotive sector. The broader market as a whole has been rather benign despite the

Key Takeaways Ford shares will remain in focus after slumping on Monday as investors digested President Donald Trump’s plan to double tariffs on steel imports to 50%.The stock recently broke down from a rising wedge pattern to resume its longer-term downtrend,

Trump announced at a Pennsylvania rally on Friday that he plans to double tariffs on steel imports to 50% from 25%.

Donald Trump’s combative trade policies have tipped the world economy into a downturn clouded in heightened uncertainty, with the US among the hardest hit, the OECD said.

Email us at [email protected] Hello and welcome to White House Watch! Today let’s dig into: The OECD said this morning that it was slashing its growth forecast for the US, as it warned that President Donald Trump’s trade war will sap momentum from most major economies.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China,

President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House Press Secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions.

President Trump and Chinese President Xi are set to speak soon according to Treasury Secretary Scott Bessent. Investors are ushering in a new month after the S&P 500 and Nasdaq registered the best month since November 2023.