Wall Street is trending lower before the opening bell Tuesday following new tariffs announced by the White House. There are also more corporate earnings arriving ahead of the appearance of Federal Reserve Chair Jerome Powell,

U.S. stock futures dipped in premarket trading on Tuesday after President Trump moved forward with his threat to impose 25% tariffs on steel and aluminum imports.

Stocks in Asia were mostly down Tuesday, after U.S. President Donald Trump imposed 25% tariffs on all U.S. imports of steel and aluminum

U.S. stocks are slipping Tuesday following President Donald Trump’s latest escalation against the United States’ trading partners with tariffs. The S&P 500 was edging down by 0.2% in the U.S. stock market’s first trading since Trump announced 25% tariffs on all foreign steel and aluminum coming into the country.

Wall Street held relatively firm after President Trump’s latest tariff escalation and after the Federal Reserve hinted interest rates may not change soon.

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.