North American Morning Briefing : Stock Futures Fall as Focus Turns to Tariffs Uncertainty

OPENING CALL Stock futures fell on Monday as global trade uncertainty hit markets while U.S.-Iran talks remained in focus. Investors are weighing Trump’s move to lift a temporary tariff on imports entering the U.S. to 15% from 10% after the Supreme Court ruled that much of his existing tariff regime was illegal. Trump’s new tariff threats suggest the administration is unlikely to back down, which could result in more volatility for markets. “Existing trade deals might be affected, while investors are still waiting for further clarity,” UOB said. Uncertainty over U.S.-Iran negotiations continue to keep markets on edge, with oil…