December S&P 500 E-Mini futures (ESZ24) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.07% this morning as Treasury yields climbed following President-elect Donald Trump’s pledge to impose additional tariffs on China, Mexico, and Canada.
Trump said on Monday evening on his Truth Social Network that he would impose “an additional 10% tariff, above any additional tariffs” on Chinese imports as well as a 25% tariff on all products from Mexico and Canada. He stated that the measures were necessary to curb the flow of migrants and illegal drugs across the U.S. border.
