Dow futures fall as Trump officials signal limited breathing room before tariffs 'boomerang back'

(Credit: Michael Nagle—Bloomberg via Getty Images)

• A new deadline is emerging as President Donald Trump’s 90-day pause on his reciprocal tariffs is about to expire. While markets expected an extension ahead of the July 9 end to the tariff reprieve, administration officials signaled only a few weeks’ worth, saying Sunday that duties will return back to their “Liberation Day” levels on Aug. 1, unless countries reach trade deals with the U.S.

U.S. stock futures dropped on Sunday evening as investors weighed more high-stakes drama on tariffs in the coming weeks.