Trump's Tariffs on US Stock Futures

US stock index futures recorded a sharp cut on Thursday as President Donald Trump's tariff strike on major trade partners, including India, stoked fears of a major trade war and heightened recessionary risks. Nasdaq 100 Futures plunged 4.52 per cent in pre-market trade while S&P 500 Futures and Dow Jones Futures were down 3.51 per cent and 2.89 per cent, respectively. Trump's approach and solutions have been unilateral, aggressive and disruptive, according to

Institutional Equities.