Markets surge Monday morning ahead of Trump economic policy

Stocks all across the board have surged Monday morning ahead of possibilities of significant economic policy changes by President Trump this week.

Stocks Monday morning as of 12:29 PM EST, @ Yahoo Finance.

According to the president and the White House, with most of his cabinet finally being approved by Congress, now could be the time for significant policy changes to take effect. The president this weekend not only carried out his DOGE strategy of limiting the size of the government (like through the killing of USAID), he has also made strong promises.

Especially following the brief trade war with Canada and Mexico, as well as his bilateral meeting with Japanese Prime Minister Ishiba, the president made it clear that he wants to expand tariffs on other nations starting this week, either mildly or strongly. The president announced a whopping 25% duties on all steel and aluminum entering the U.S., leading to the nation's biggest steel manufacturers to skyrocket on Monday in share price.

Trump also announced an array of "reciprocal" that will be implemented later this week to reduce the nation's trade deficit. These tariffs might affect much of America's strategic allies like Japan and the European Union.

The president will sign executive orders today at 1:00 PM, some of which may include tariff policy.

Stocks started strong Monday morning. Nvidia continued its robust recovery, surging well above $3 per share. Other members of the Nasdaq like Apple and Google also made strong highs today.