
March S&P 500 E-Mini futures (ESH25) are trending down -0.11% this morning as investors digested U.S. President Donald Trump’s latest tariff threats.
President Trump said on Tuesday that he would likely impose tariffs of approximately 25% on automobile, semiconductor, and pharmaceutical imports, with an announcement expected as soon as April 2nd. This fueled concerns about an escalating trade war and pushed Treasury yields higher. Treasury yields also tracked rising government bond yields in Europe after inflation in Britain jumped to a 10-month high.