Stock futures decline after setting another record high of the year. Investors face heightened uncertainty around trade and geopolitics. President Trump called his Ukrainian counterpart a "dictator", ahead of a meeting over peace talks between President Zelenskiy and US Special Envoy General Kellogg in Kyiv. Meanwhile, President Trump floated a "possible" trade deal with China. Steven Major of HSBC sees the threat of tariffs as a growth negative, and disagrees with the consensus view of a