Thursday, February 13, 2025
HomeTrading RoomFollowing China's Announcement of Retaliatory Tariffs on U.S. Imports, Stock Futures Decline

Following China’s Announcement of Retaliatory Tariffs on U.S. Imports, Stock Futures Decline

Tuesday’s stock futures saw a modest decline as China imposed tariffs on American goods in retaliation for American penalties on Beijing exports.

While S&P 500 futures were trading near the flatline, futures linked to the Dow Jones Industrial Average were down 65 points, or roughly 0.2%.

Futures for the Nasdaq-100 were up 0.2% in the meantime.

Effective February 10, the Chinese government imposed 10% higher taxes on crude oil, farm equipment, and some automobiles, as well as up to 15% tariffs on U.S. imports of coal and liquefied natural gas.

Source (CNBC)

SourceCNBC
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