Source: Sharecast
As of 1225 GMT, Dow Jones futures were down 0.36%, while S&P 500 and Nasdaq-100 futures had the indices opening 0.20% and 0.23% firmer, respectively.
The Dow closed 342.87 points higher on Thursday as traders digested January wholesale inflation numbers.
News that Trump had signed a memorandum laying out a plan to impose levies on goods from countries with duties on US products was in focus early on Friday.
"They charge us a tax or tariff and we charge them," said Trump, who tasked Commerce Secretary nominee Howard Lutnick to head a study on the appropriate levies for each nation. "We want a level playing field," he added"
Under the plan, the US will look at other countries' non-tariff policies - including value-added taxes and other practices - that the office of the US trade representative deems to be "unfair".
"America has helped many Countries throughout the years, at great financial cost. It is now time that these Countries remember this, and treat us fairly," said Trump.
January retail sales figures will also draw an amount of attention on Friday, due out at 1330 GMT, with economists expecting a 0.1% drop for the month after December's 0.4% increase.
Elsewhere on the macro front, January import/export data will be released at 1330 GMT, while capacity utilisation and industrial production numbers will follow at 1415 GMT.
In the corporate space, cryptocurrency marketplace Coinbase and property rental platform operator Airbnb both traded higher in pre-market after their Q4 earnings came in ahead of expectations, while GameStop surged after the video game retailer said it was mulling over whether or not it should begin investing in bitcoin.
Drugmaker Moderna was in focus after revealing it had recorded a wider-than-expected Q4 loss despite revenues coming in ahead of expectations.
Reporting by Iain Gilbert at Sharecast.com
