
March S&P 500 E-Mini futures (ESH25) are down -0.21%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.39% this morning, while Treasury yields also slipped amid worries that U.S. President Donald Trump’s policies could hurt global economic growth.
President Trump signaled on Monday that tariffs set to hit Canada and Mexico next month were “on time” and “moving along very rapidly” after an initial delay. His administration is also outlining stricter versions of U.S. semiconductor curbs and urging key allies to tighten their restrictions on China’s chip industry. Bloomberg News reported that Trump officials recently met with their Japanese and Dutch counterparts to discuss restricting Tokyo Electron and ASML Holding engineers from servicing semiconductor equipment in China.