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U.S. stock futures slip after Trump’s latest tariff threats; bitcoin hits new high - MarketWatch

1. U.S. stock futures, including YM00, fell amid new tariff threats. 2. Trump announced a 30% tariff on imports from Mexico, EU effective Aug. 1. 3. E.U. delayed retaliatory tariffs to negotiate a trade deal by Aug. 1. 4. Stocks ended lower Friday, snapping previous winning streaks. 5. Analysts expect Q2 earnings growth at lowest level since end of 2023.

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FAQ

Why Bearish?

The threat of new tariffs creates uncertainty, which can decrease investor confidence. Historically, significant tariff announcements have led to market pullbacks, as seen in 2018.

How important is it?

Tariff threats impact investor sentiment and economic outlook, leading to direct implications for YM00 and related equities.

Why Short Term?

Immediate reactions are likely as markets adjust to tariff news and upcoming earnings reports, similar to previous tariff announcements.

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