💨 Abstract

The dollar edged higher on Monday as U.S. President Trump announced imminent tariffs on steel and aluminium, including reciprocal tariffs. China's retaliatory tariffs on some U.S. exports took effect on Monday, with no progress towards a new trade arrangement between Beijing and Washington. European stocks and U.S. futures rose despite the looming levies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖