US Stock Futures Drop as Trump Implements Tariffs
1. U.S. futures drop after Trump's tariffs on imports from Mexico, Canada, and China. 2. S&P 500 and Dow Jones down about 1.5% due to tariff announcements. 3. Automaker stocks slump globally, significantly affecting U.S. manufacturers. 4. UBS indicates tariffs will lead to increased market volatility in coming weeks. 5. President Trump plans more tariffs on the EU, adding market uncertainty.