US stock futures inched lower as investors digested President Donald Trump's announcement of 25% tariffs on global steel and aluminum imports. Trump imposed 25% tariffs on all steel and aluminum imports on Monday night.

But perhaps nothing has been more influential for the stock market over the last three months than Donald Trump's election night victory. During Trump's first term in the White House, the Dow Jones, S&P 500, and Nasdaq Composite respectively rose by 57%, 70%, and 142%.

The Nasdaq and other major stock market indexes began the week in positive territory on Monday as President Donald Trump planned new tariffs on steel and aluminum imports. The move follows Trump’s tariff announcements last week,

Investors are weighing Trump's pledge on Sunday to introduce additional 25% tariffs on steel and aluminum from all countries.

President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports in a move that will likely please domestic steelmakers but hurt allies like Canada and Mexico.

Wall Street's main indexes closed higher on Monday, lifted by Nvidia and other AI-related stocks, while steelmakers surged after U.S. President Donald Trump said he would impose additional tariffs on steel and aluminum imports.

President Donald Trump has kicked off his second term with sweeping changes—cutting foreign aid, firing federal workers, and scaling back government operations. While his policies are shaking up Washington,