FX.co ★ US Futures Steady as Investors Weigh New Tariff Moves

U.S. stock futures remained stable on Wednesday as investors evaluated the implications of the latest tariff measures announced by President Donald Trump. The president affirmed that there would be no alterations or postponements to the newly implemented duties affecting 14 countries, including Japan and South Korea. Additionally, he introduced a 50% tariff on copper imports and indicated that further tariffs focused on specific industries are anticipated. Taking a more assertive approach, Trump proposed potential tariffs of up to 200% on pharmaceutical imports but clarified that their enforcement would be postponed for 12 to 18 months to provide the industry with time to adjust. During Tuesday’s trading session, the Dow Jones and S&P 500 experienced declines of 0.37% and 0.07%, respectively, while the Nasdaq Composite posted a slight gain of 0.03%. Sectors such as consumer staples, utilities, and financials lagged, whereas stocks in energy, materials, and healthcare saw notable increases.