US stock futures dipped as the deadline set by President Trump for reciprocal tariffs on US trade partners draws near.
Futures tied to the Dow Jones Industrial Average fell by 0.1%, while futures linked to the S&P 500 and Nasdaq Composite dropped by 0.2%.
Stocks began the week with a slight rebound on Monday, but closed the month and quarter in negative territory due to concerns over Trump's trade disputes.
Investors are preparing for Wednesday, April 2, when Trump is set to announce reciprocal tariffs on all US trading partners at an event named "Liberation Day."
Trump's varying statements about the upcoming tariffs have caused fluctuations in the markets, with stocks reacting positively to hopes of limited duties and negatively to news of higher tariffs.
There is growing worry that the US economy might struggle to handle broad tariffs amidst weakening sentiment, slowing economic growth, and persistent inflation.
Despite the uncertainty in the markets, Trump's remarks have not provided a clear indication of the tariffs to be implemented, leaving analysts uncertain about what to expect.
Some analysts are bracing for unfavorable surprises regarding the new tariffs, while others are cautiously optimistic that the policy uncertainties affecting the markets could soon be resolved.