US equity futures are higher after a weak close on Friday. European markets opened stronger following last week's gains. Asian equities ended mixed. Markets remain focused on tariffs after Trump signaled plans to announce 25 percent duties on all aluminum and steel imports, along with separate reciprocal tariffs on countries that tax US goods. He did not specify which nations would be targeted, though Germany’s Chancellor Scholz responded that Europe is prepared to retaliate immediately if tariffs are imposed on the EU. Earlier, Trump suspended the revocation of de minimis exemptions, reversing a policy shift that had impacted Chinese e-commerce firms. China’s latest tariffs on select US products took effect, but their limited scope suggests a measured response compared to US actions. Talks between Trump and China’s President Xi remain a key market focus.

Companies Mentioned: Brookfield Asset Management, Renault, Nissan Motor, Foxconn, Boeing