Stock Futures Slide as Tariff Drama Drags on the Market

Stock futures were trading in the red Friday as the lack of clarity surrounding President Donald Trump’s plan to impose so-called reciprocal tariffs put investors in an uncertain mood. Trump signed a memo ordering his team to start drawing up plans for equalizing levies against any country currently taxing imports from the U.S. Thursday. Commerce Secretary nominee Howard Lutnick said the studies may not be completed until April 1.