US futures sink after Trump warns of higher tariffs for 8 countries over Greenland issue
U.S. stock futures have skidded after U.S. President Donald Trump threatened to slap a 10% extra tariff on imports from eight European countries due to their opposition to his desire to take control of Greenland. In Asia, shares were mixed after China reported that its economy expanded at a 5% annual pace in 2025, though it slowed in the last quarter. Oil prices slipped. On Friday, stocks edged a bit lower on Wall Street. The S&P 500 slipped 0.1% and the Dow Jones Industrial Average fell 0.2%. The Nasdaq composite fell 0.1%. Gains for several big tech companies helped offset weakness elsewhere.