Futures contracts hit a record price after the president announced plans for a 50 percent tariff on the metal, driving up costs for businesses.

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,

WASHINGTON—President Trump reignited his global trade war Monday, renewing his threat to hit partners with punishing tariffs even as he announced a three-week extension to negotiate deals. Trump signed an executive order extending the date when his so-called reciprocal tariffs would take effect,