U.S. stock futures have declined amid growing concerns over deflationary pressures in China and ongoing trade tensions with the United States. The Bank of Canada is anticipated to cut its interest rate again, with a reduction expected on March 12, following strong fourth-quarter GDP growth that is overshadowed by fears of a recession fueled by the U.S.-Canada trade dispute. Economists predict a 25 basis point cut, with the central bank likely to remain cautious as it assesses the duration of the trade conflict. The Toronto Stock Exchange (TSX) futures have also fallen in response to these trade war concerns.