As for the Fed, Trump did say in a TV interview that he would not seek to remove Powell from being chairman of the Fed before his term ends next year. Many legal experts and Powell said they did not think Trump has the power, but at least this removes some of the uncertainty surrounding the central bank for the moment.

The S&P 500 and the Nasdaq were lower on Monday after U.S. President Donald Trump rekindled worries about the fallout of a global trade war by introducing new tariffs, while focus remained on the Federal Reserve's monetary policy decision later this week.

Time to “sell the bounce”? Many stock investors think so after US President Donald Trump’s April 2 "Liberation Day" tariff announcement imploded global stocks, followed by big gains after his “pause” days later.

President Donald Trump's sky-high tariffs against China are starting to affect the economy, even as the president suggested the import taxes will be lowered eventually.

U.S. President Donald Trump on Sunday said the U.S. was meeting with many countries, including China, on trade deals, and his main priority with China was to secure a fair trade deal.

President Donald Trump said he is willing to lower tariffs on China at some point because the levies now are so high that the world’s two largest economies have essentially stopped doing business with each other.