Updated 2 min ago
Stock Futures Rise as Investors Weigh Up Trump Tariffs, Brace for Trade War
Stocks looked set to pare back some of their recent losses as investors weighed up whether the U.S. tariffs that took hold Tuesday would kick-start a full-on trade war.
President Donald Trump’s levies against China, Canada, and Mexico took hold Tuesday, and Beijing and Ottawa wasted no time in hitting back. China’s finance ministry said it would impose duties on U.S. agricultural products including chicken and wheat, and Canada's Prime Minister Justin Trudeau pledged to retaliate with levies on about $100 billion of imports.
Investors were expecting more, judging by premarket action–U.S. equities were on course to tick up, having plunged Monday after Trump doubled down on his tariff plans.
