Dow futures drop 100 points after Trump slaps 30% tariff on Mexico and the EU

By Jesse Pound U.S. equity futures slid early Monday as Wall Street contends with continued tariff risks and second-quarter earnings on deck. Futures for the Dow Jones Industrial Average fell 140 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures also dropped 0.3% each. President Donald Trump said Saturday that the U.S. will impose 30% tariffs on the European Union and Mexico starting Aug. 1. Leaders of the EU and Mexico indicated they intend to keep talking with the Trump administration this month in an attempt to agree on a lower rate. The announcement comes ahead of inflation readings this week, which will give investors a better sense of how

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