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Wall St Futures Slip as Geopolitical Uncertainty and Mixed Earnings Weigh on Sentiment

Wall Street futures slipped early Thursday as investors grew cautious in the absence of clear signals on the U.S.–Iran war, while a wave of mixed earnings added to the uncertainty. Iran’s seizure of two ships in the Strait of Hormuz and its demand that the U.S. lift its naval blockade have heightened geopolitical tensions, even after President Donald Trump extended the ceasefire indefinitely. The standoff continues to keep oil prices above $100 per barrel , raising concerns about a potential inflation flare‑up.  Economists warn that even if the conflict eases, the global economy may take time to normalize after one of the largest oil supply disruptions in decades.  As of early morning trading, Dow E‑minis were down 0.73%, S&P 500 E‑minis slipped 0.50%, and Nasdaq 100 E‑minis fell 0.48% , reflecting a broader pullback in risk appetite.  Earnings added another layer of volatility. Tesla shares fell after the company boosted its annual spending plan to more than $25...
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Trump's Tariff Tango: Electronics in the Crosshairs

 

In a move that could reshape the global tech landscape, former U.S. President Donald Trump has hinted at imposing a separate set of tariffs on electronics as early as Monday. This announcement follows a temporary exemption granted to smartphones, computers, and semiconductors from steep reciprocal tariffs on imports from China.

Commerce Secretary Howard Lutnick confirmed that these electronics would soon face new duties, separate from the broader reciprocal tariffs. The administration's rationale? National security concerns and a push to reshore production of critical technology products. While the specifics of these tariffs remain unclear, they are expected to be lower than the 125% rate imposed on other Chinese imports.

The tech industry, including giants like Apple and Dell, is bracing for impact. The temporary reprieve has provided some breathing room, but uncertainty looms as companies and lobbyists scramble to influence the parameters of these upcoming levies.

China, meanwhile, has criticized the move as a "small step" toward correcting what it sees as wrongful actions by the U.S. The Chinese Ministry of Commerce has urged the U.S. to cancel the tariffs entirely and return to mutual respect in trade negotiations.

As the world watches, the ripple effects of these tariffs could extend far beyond the tech sector, potentially influencing global markets and trade dynamics for years to come.

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