Dow futures dip as Wall Street weighs likelihood of Trump’s latest tariff threat, while U.S. eyes call to resolve China trade snag

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Dow futures dip as Wall Street weighs likelihood of Trump’s latest tariff threat, while U.S. eyes call to resolve China trade snag

fortune.com/2025/06/01/dow-futures-dip-as-wall-street-weighs-likelihood-of-trumps-latest-tariff-threat-while-u-s-eyes-call-to-resolve-china-trade-snag

The so-called TACO trade will be tested as market respond to President Donald Trump’s announcement on Friday night that he will double steel tariffs to 50%. Meanwhile, administration officials sounded upbeat that the Trump and President Xi Jinping could sort out snags in U.S.-China trade…

This story appeared on fortune.com, 2025-06-01 22:26:24.