Dow futures fall as President Donald Trumps 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.

While markets expected an extension ahead of the July 9 end to the tariff reprieve, administration officials signaled there will be just a few weeks' worth.