U.S. stock indexes opened lower on Tuesday as Tariff uncertainty continues to weigh on the markets. The European Union plans to hit about €100 billion ($113 billion) in US goods with additional tariffs in the event ongoing trade talks fail to yield a satisfactory result for the bloc, according to Bloomberg.

The Fed is widely expected to keep rates steady on Wednesday, with Fed Funds futures trading suggests just a 2.7% chance of the central bank cutting rates. Still, traders will be listening for Fed Chair Jerome Powell’s comments on his economic outlook.

Trump is scheduled for meetings with Canadian Prime Minister Mark Carney on Tuesday, marking the start of negotiations between the two leaders since since Carney assumed office earlier this year.

WeRide stock jumped 9% as Uber Technologies and WeRide said they have agreed to expand their partnership by adding 15 additional cities worldwide to the list of places where they will provide robotaxi services over the next five years. The expanded partnership follows the launch of robotaxi services via Uber's app in the United Arab Emirates, the companies said.

Pony AI Inc shares surged 7.7%. Robotaxi company Pony AI Inc. will partner with ride hailing giant Uber Technologies Inc. to launch in the Middle East this year, as the auto industry’s push into autonomous driving gathers pace.