US Stock Futures Rise as Trump Delays Tariffs
US Stock Futures Rise as Trump Delays Tariffs

US Stock Futures Rise as Trump Delays Tariffs

News summary

US equity futures surged on reports that President-elect Donald Trump will not impose new tariffs on his first day in office, opting instead to issue a memorandum to study existing trade policies. This decision brought relief to investors who had anticipated a swift implementation of tariffs, propelling the Dow and S&P 500 futures higher. The dollar weakened in response, dropping as much as 1.1%. Analysts suggest that this more deliberative approach could help stabilize markets, although concerns about potential tariffs in the future remain. The announcement comes as part of Trump's broader strategy to engage with key trading partners including China and Canada. Market volatility is expected to persist as uncertainty around tariffs and trade relations continues.

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Coverage Details
Total News Sources
4
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2
Center
1
Right
1
Unrated
0
Last Updated
43 min ago
Bias Distribution
50% Left
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