U.S. futures pointed towards a lower Wall Street open on Monday as the latest salvo of threats in the U.S. tariff wars kept investors on edge, although there were some hopes this would prove to be mostly bluster by President Donald Trump.

Trump on Saturday said he would impose a 30 per cent tariff on most imports from the EU and Mexico from August 1, even as they are locked in long negotiations

Equities kicked off Monday strong after a fresh round of tariff threats over the weekend. The S&P 500 gained 0.17%, closing within 0.2% several points of its all-time high, set on