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)