S&P 500 futures are flat as Trump says he’s considering tariffs on Canada and Mexico [Video]

Stock futures were under some pressure on Monday evening after President Donald Trump said he was considering tariffs on Canada and Mexico.

Futures tied to the S&P 500 were slightly in the red, while Nasdaq 100 futures were 0.1% lower. Dow Jones Industrial Average futures were flat.

Equity futures gained during a shortened trading session on Monday as Trump was sworn in as the 47th president. And they were higher at the start of Monday evening trading. Regular trading was closed Monday for the Martin Luther King holiday.

But futures turned lower as Trump made the tariff commentsat the White House as he was signing executive orders. Trump said he was thinking of 25% tariffs on Mexico and Canada on February 1 because of their border policies. Trump also mentioned China some during the discussion with the press, but did not specify any plans for tariffs. The president said maybe the U.S. could put tariffs on China if the country doesn’t approve …