*

Futures: Dow down 0.05%, S&P 500 up 0.06%, Nasdaq up 0.09%

*

Fed's Barr: tariffs to boost inflation, slow growth this

year

*

Lyft ( LYFT ) up after boosting stock buyback program, Q1 profit

beat

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Expedia ( EXPE ) falls after soft US travel demand leads to revenue

miss

(Updates with Fed Barr's comments, Trump's comments on China)

By Purvi Agarwal and Johann M Cherian

May 9 (Reuters) - U.S. stock index futures were subdued

in choppy trading on Friday, as investors parsed fresh

U.S.-China tariff comments from President Donald Trump ahead of

a weekend meeting between the two countries.

Futures moved lower briefly after Trump said Beijing

should open its market to the United States and that 80% tariffs

on Chinese goods "seems right." The levies are currently at

145%.

The world's two biggest economies are in a trade war

that has raised concerns over global economic growth and left

markets, companies and the U.S. Federal Reserve in

wait-and-watch mode.

"In the best-case scenario, talks go well, both

countries commit to finding a reasonable deal, markets rally on

Monday. Or... the talks break down, Trump says something he

shouldn't, and we wake up to another hectic week," said Ipek

Ozkardeskaya, senior analyst at Swissquote Bank.

On Thursday, Wall Street's main indexes closed higher as

investors cheered a trade deal struck between Britain and the

U.S. - the first of its kind since Trump paused his initial

tariffs last month.

Under the new agreement, Britain will lower its tariffs

on U.S. goods and provide greater import access, while the

U.S.-imposed 10% baselines tariffs will remain in place.

However, the limited nature of the agreement brought up

questions about its actual impact and usability as a template

for deals with other countries.

"Yesterday's price action suggests that investors are eager

for good news and react positively - even if the news isn't that

great... it's all in how it's delivered," said Ozkardeskaya.

Meanwhile, Reuters reported India had offered to slash its

tariff gap with the U.S. to less than 4% from nearly 13% now, in

exchange for an exemption from Trump's tariffs, according to

sources.

At 07:39 a.m. ET, Dow E-minis were down 22

points, or 0.05%, S&P 500 E-minis were up 3.5 points, or

0.06%, and Nasdaq 100 E-minis were up 18.25 points, or

0.09%.

The S&P 500 and the Nasdaq are set for marginal declines

this week.

Several policymakers are expected to deliver remarks, days

after the Federal Reserve left interest rates unchanged.

Governor Michael Barr said Trump's trade policies will

likely lift inflation, lower growth, and raise unemployment

later this year, leaving policymakers with a potentially tricky

decision on which problem to fight.

Separately, Governor Adriana Kugler said the labor

market was stable at current levels.

As the earnings season peters out, about 75% of S&P 500

companies have surpassed profit expectations. But many have

withdrawn their annual forecasts citing an uncertain trade

environment.

Expedia ( EXPE ) slipped 10% after the online travel

platform missed quarterly revenue estimates.

Trade Desk ( TTD ) shares jumped 13.4% in premarket

trading after the ad firm posted first-quarter revenue and

profit above Wall Street estimates.

Pinterest ( PINS ) climbed 12.6% after it forecast

current-quarter revenue above estimates, while Coinbase

reported a drop in first-quarter profit, sending the crypto

exchange's shares down 1.3%.

Lyft ( LYFT ) jumped 11.4% after the ride-hailing company

increased its stock buyback program and beat first-quarter

profit estimates.

(Reporting by Purvi Agarwal in Bengaluru; Editing by Devika

Syamnath)