US stock futures slip, dollar strengthens as Trump signals higher tariffs

U.S. stock futures declined and the dollar gained after President Donald Trump hinted at raising blanket tariffs to 15% or 20%, up from the current 10%, escalating trade tensions. S&P 500 futures fell 0.5%, while the dollar index edged up 0.2%. Trump also said he would make a “major statement” on Russia and is considering additional sanctions.