US stock futures fell Sunday evening as Wall Street braces for a turbulent week, with renewed trade tensions and a wave of second-quarter earnings set to test investor sentiment. The moves follow President Donald Trump's announcement Saturday that the US will impose 30% tariffs on goods from the European Union and Mexico starting August 1.

Futures on Wall Street are continuing from where they left off on Friday, as profit booking continued from higher levels amidst the increasing trade uncertainties. The Dow futures are currently down 200 points,

S&P 500 contracts fell 0.4% while shares in Japan retreated 0.3% in a cautious start to the week. Treasuries dipped slightly while the yen strengthened.