Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific tariffs.

Dow futures fall as President Donald Trump’s tariff deadline approaches, raising fresh concerns on Wall Street. With the 90-day pause on reciprocal tariffs ending July 9, Trump officials warn duties could return to their harsh “Liberation Day” levels by August 1 unless new trade deals are signed.

Futures on Wall Street are trading with losses at the culmination of the long Independence Day weekend ahead of US President Donald Trump's looming reciprocal tariff deadline. The Dow futures are currently trading 170 points lower,