U.S. stocks are set to decline after China announced new trade policies, sparking concerns about tensions between the two largest economies. Dow Jones futures dropped nearly 1%, S&P 500 futures fell 1%, and Nasdaq 100 contracts dived 1.2%. The markets rallied on Monday following optimistic comments from President Trump, but China’s retaliatory measures have dampened sentiment.

Read more at Dow Jones & Company: Markets Dive as China Retaliation Reignites U.S. Trade Fears. Stock Futures Drop.