Wall Street futures in a tailspin as tariffs fuel recession fears | Reuters
1. U.S. futures dropped significantly amid fears of a trade war. 2. Trump imposed a 10% tariff on most imports, escalating global tensions. 3. Apple shares fell 6.5%, hit by a 54% tariff on China manufacturing. 4. Wall Street sentiment worsened due to inflation concerns and economic impact. 5. Volatility index reached a three-week high reflecting market anxiety.