US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs.

Canada and Mexico vow U.S. trade retaliation, Alphabet and Amazon earnings renew focus on DeepSeek AI claims, and more news to start your day.

Over the weekend, President Donald Trump said the U.S. will levy 25% tariffs on Mexico and Canada and 10% tariffs on China. Stock market losses ranged from 1.4% to 2.5% in early trading Monday.

US stock futures pointed to sharp losses for the major indexes, as Wall Street showed the effects of President Donald Trump’s announcement of tariffs.

U.S. equity futures tumbled in early Monday trading, while energy prices leaped and the dollar soared to a two-year high against its currency peers as markets reacted to the weekend tariff announcements of President Donald Trump and their potential to trigger a global trade war.

The stock market fell on Monday after President Donald Trump slapped tariffs on Canada, Mexico and China, eliciting threats of retaliation and setting the stage for a trade war. Traders demonstrated their jitters with a selloff of U.

D: President Trump’s threat to impose new U.S. tariffs on imports from China, Mexico and Canada drove down stocks multiple sectors Monday, with shares of several media companies falling as investors grappled with America’s new trade wars.

Nvidia (NVDA) stock dropped as much as 5% in early trading Monday, extending the prior week’s declines as investors reacted to Trump’s new tariffs. US president Donald Trump on Saturday announced an additional tariff of 10% on imports from China and 25% on those from Mexico and Canada to the apparent surprise of investors,

President Trump agreed to a one-month delay on Mexican tariffs, but levies on Canadian and Chinese goods are still poised to begin at midnight.