U.S. stock index futures fell on Tuesday after President Donald Trump's plans for potential pharma tariffs renewed fears about the impact of the global trade war, further dampening investor sentiment amid subdued corporate earnings.

Carmaker withdraws financial guidance and warns of potential of US’s policies to cause industry-wide disruption

Ford Motor Co. late Monday pulled its 2025 guidance, citing significant near-term risks, and said it expects a tariff hit of about $1.5 billion for the year as U.S. automakers continue to grapple with economic uncertainty and some consumers shy away from big-ticket expenses.