U.S. stock futures were stalling early Tuesday as the market grapples with possible repercussions from any tariffs imposed by President-elect Donald Trump. Trump quashed speculation that he would pare back plans to introduce across-the-board tariffs on imports when he takes office later this month.

Global stocks rose while the U.S. dollar index dropped on Monday after President-elect Donald Trump denied a newspaper report that his incoming administration would likely pursue a less-aggressive tariff policy than he previously threatened.

U.S. stock futures were inching higher early Tuesday. It could be part of a pattern of stocks rising early in the day before losing ground in the afternoon, if Monday’s trading is anything to go by. Y