Stock Market Declines as Trump Intensifies Tariff Threats Before August Deadline

Reported about 8 hours ago

US stock futures fell as President Trump threatened new tariffs on imports from multiple countries, announcing a delay on previous tariffs to August 1. Dow and S&P 500 futures dropped by 0.2%, while Nasdaq futures fell by 0.1%. Key trading partners, including Japan and South Korea, received letters warning of tariffs ranging from 25% to 40%, leading to South Korea accelerating trade negotiations with the US. This week is expected to remain quiet regarding economic news, with important Federal Reserve minutes and earnings from Delta Airlines upcoming.

Source: YAHOO

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