March S&P 500 E-Mini futures (ESH25) are up +0.46%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.61% this morning as investors shrugged off U.S. President Donald Trump’s latest tariff announcement and looked ahead to key U.S. inflation data and Federal Reserve Chair Jerome Powell’s congressional testimony later this week.
Speaking to reporters Sunday on Air Force One, President Trump said he would announce on Monday a 25% levy on all steel and aluminum imports into the U.S. Trump also stated that he would introduce reciprocal tariffs this week on countries that tax U.S. imports.
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