Stock futures were falling markedly in premarket trading Tuesday after shares staged a rally in the previous session. There wasn’t one clear reason for the turnaround, but rather a combination of at least three things.

CNBC host Jim Cramer said Tuesday that the falling stock market is a “screaming” warning to Donald Trump to change course when it comes to his tariffs. After explaining the recent decline in consumer confidence,

Second, the U.S. stock market recovered remarkably quickly from the tariffs imposed during the first Trump administration. Specifically, while the S&P 500 declined 19.8% over a three-month period between September and December 2018, the index had already recouped its losses and reached a new high by May 2019.