FX.co ★ US Futures Slip on Renewed Tariff Concerns

US stock futures slipped Monday after President Donald Trump announced over the weekend that he intends to raise global tariffs from 10% to 15%. The move follows a Supreme Court decision striking down his “reciprocal” tariff policy. Trump said the higher duties would take effect immediately, though it remains unclear whether he has formally signed the required order.

Market sentiment was further pressured by rising concerns that the administration could consider military action against Iran, with nuclear talks still stalled. Negotiations are, however, scheduled to resume in Geneva on Thursday.

On Friday, major indexes ended higher in a volatile session after the Supreme Court of the United States blocked Trump’s emergency tariffs. The Dow Jones Industrial Average rose 0.47%, the S&P 500 advanced 0.69%, and the Nasdaq Composite gained 0.9%. All three benchmarks also posted modest weekly gains.

Looking ahead, investors will be watching Nvidia’s earnings this week for fresh insight into the strength and momentum of the artificial intelligence sector.