Market

Trump's Tariff Delay Boosts US Futures: New Duties on Select Countries Announced

US Stock Futures Rise Following Trump's Tariff Announcement

Stock futures in the United States showed positive movement early Tuesday, following President Donald Trump's decision to extend the deadline for his global tariff regime to August 1. This move has sparked optimism among investors, leading to gains across major indices.

New Tariffs Introduced on Imports from Several Countries

In addition to the delay, President Trump announced the imposition of new duties on imports from South Africa, Thailand, Indonesia, and other countries. This decision is part of the administration's ongoing trade policy adjustments.

Market Reaction

By 4:20 am ET, the Dow Jones had risen by 0.19%, the Nasdaq 100 added 0.47%, and the S&P 500 grew by 0.32%. Meanwhile, the euro strengthened against the dollar, trading 0.40% higher at 1.17551 by 4:30 am ET.