U.S. stock index futures were lower Friday morning, after President Donald Trump said he would slap an additional 10% tariff on Chinese imports from next month.
At around 05:10 a.m. ET, Dow futures dipped 108 points, indicating a negative open of more than 110 points. Futures on the S&P and Nasdaq were both lower.
In a series of tweets on Thursday, the U.S. president said the 10% charge would be imposed on $300 billion worth of Chinese goods. The levy will take effect from September 1.
Source : CNBC