U.S. stock futures were pointing to losses at the market open on Thursday, as President Donald Trump’s latest tariff announcements threatened to pour cold water on the previous day’s Nvidia-led rally.

"America will, once again, build a DOMINANT Copper Industry," Trump said in a post on his Truth Social media platform.

Trump on April 2 proposed a 20% tariff for EU goods and then threatened to raise that to 50% after negotiations did not move as fast as he would have liked, only to return to the 10% baseline. The EU has 27 member states, including France, Germany, Italy and Spain.

Live updates and the latest news as the Trump administration is expected to announce new trade actions and Pete Hegseth and Benjamin Netanyahu meet

The U.S. dollar slipped further from a two-week high versus major peers on Thursday, as President Donald Trump's latest tariff salvos failed to shake markets, except in Brazil where a threatened 50% levy sent the real sliding as much as 2.

Brazilian President Luiz Inacio Lula da Silva was defiant on Monday as he wrapped up the summit when he answered reporters who asked about Donald Trump's tariff threats.

After posting seven tariff letters earlier Wednesday, President Donald Trump said a couple more would come today and blasted Brazil's trade practices. In

Trump, who raised the tariff threat on Sunday, said in a Tuesday cabinet meeting at the White House that the duty was on the way: "Anybody that's in BRICS is getting a 10% charge pretty soon ... If they're a member of BRICS,