U.S. stock futures are plunging as investors review the latest comments from President Donald Trump on tariffs, with more import taxes expected to be announced this Wednesday; Goldman Sachs sees tariffs boosting inflation and slowing economic growth; cryptocurrency-tied stocks Strategy (MSTR), Coinbase (COIN), MARA Holdings (MARA), and Riot Platforms (RIOT) are falling in premarket trading along with the price of bitcoin; and Nvidia (NVDA)-backed CoreWeave (CRWV) stock is declining after a flat debut Friday. Here's what investors need to know today.

1. US Stock Futures Point Sharply Lower as Investors Await Tariffs News

U.S. stock futures are tumbling as investors prepare for Wednesday's tariffs announcements from President Donald Trump. Nasdaq futures are 1.6% lower and S&P 500 futures are down 1.1% after the indexes closed in negative territory Friday for the fifth time in the past six weeks. Dow Jones Industrial Average futures are 0.7% lower after also declining last week. Gold futures are jumping to trade at about $3,150 an ounce. Oil futures are edging higher. Yields on the 10-year Treasury note are falling below 4.2%.

2. Trump Mulls Broader Tariffs, Dismisses Auto Worries

Investors are awaiting updates on tariffs after reports that the Trump administration could expand proposals to include a 20% across-the-board import tax on all U.S. trading partners, according to The Wall Street Journal . The report comes ahead of Wednesday's expected announcement on "reciprocal" tariffs in response to import taxes on U.S.-made goods. Trump told NBC News over the weekend that he "couldn't care less" if proposed automobile tariffs raise prices, arguing it would help promote U.S. car manufacturing. Shares of "Big Three" automakers Ford (F), General Motors (GM), and Stellantis (STLA), as well as Tesla (TSLA), are lower in premarket trading.

3. Goldman Sachs Sees Higher Inflation, Slower Growth From Tariffs

Goldman Sachs economists raised their forecast for Federal Reserve interest-rate cuts to three this year and increased their probability of a U.S. recession to 35% from 20%, as President Trump's tariffs put pressure on economic growth. Goldman now sees "core" inflation rising at an annual rate of 3.5% to end 2025, GDP growth slipping to 1%, and U.S. unemployment increasing to 4.5%. "We continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed," they wrote.

4. Cryptocurrency-Tied Stocks Drop as Bitcoin Moves Lower

Shares of cryptocurrency-related stocks are falling in premarket trading as the price of bitcoin (BTCUSD) trades below $84,000. Bitcoin buyer Strategy (MSTR) stock is down 4% after sinking 10% Friday. Shares of bitcoin mining firms MARA Holdings (MARA) and Riot Platforms (RIOT), crypto brokerage Coinbase (COIN), and trading platform Robinhood (HOOD) also are down after posting sharp losses Friday.

5. Nvidia-Backed CoreWeave Stock Falls After Flat Debut

Shares of cloud computing firm CoreWeave (CRWV) are more than 4% lower in premarket trading after ending flat at their IPO price of $40 per share in their first day of trading. The company's IPO pricing lagged the expected range of $47 to $55 per share. CoreWeave is backed by artificial intelligence (AI) chipmaker Nvidia (NVDA), whose shares are also lower by more than 4% in early trading.