President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the world’s largest economies.

Trump underscored his intention to use tariffs as a tool of international economic policy and an increasingly vital source of government revenue.

Iron ore and most base metals fell after US President Donald Trump said that he could hit China with 10% tariffs on all imports, suggesting Feb. 1 as the possible start date.

Trump Media shares, widely favored by retail investors to bet on Trump's presidency, are now facing competition from a newly launched namesake "memecoin", whose value had soared to more than $15 billion in just a day after launch.

Key Takeaways Stocks rose and Treasury yields fell on Tuesday as market participants reacted to a slew of executive orders issued by President Donald Trump on the first day of his second term.Trump ordered federal agencies to investigate current trade policies but stopped short of imposing tariffs,

By Suzanne McGee, Saeed Azhar and Tom Westbrook NEW YORK/SINGAPORE (Reuters) -Financial markets swayed and wobbled at the beginning of Donald Trump's second U.S. presidency after he made a softer start on China than many had anticipated,