SYDNEY: U.S. and European stock futures slid in Asia on Friday after President Donald Trump stepped up tariff threats against Europe and Canada, snuffing out an early rally in regional share markets.
The dollar gained on the euro and the Canadian currency as Trump announced late on Thursday a 35% tariff rate on all imports from Canada from August 1, adding that he planned to impose blanket tariffs of 15% or 20% on other nations.
