Mumbai, April 11 -- The dollar index is seen battered at its lowest level in nearly 9 months on Friday morning in Asia amid escalating trade war concerns between US and China. US President Donald Trump intensified the ongoing trade battle with China by sharply raising tariffs on Chinese goods to 145%, the White House confirmed. In response, China hit back with 84% tariffs and began strengthening ties with Europe and Asia to ease the pressure. Meanwhile, according to media reports, China is initiating talks with the European Union, ASEAN, and other key partners. President Xi Jinping will set off on a tour of three Southeast Asian countries next week as Beijing urgently seeks to strengthen ties with its neighbours amid an intensifying tarif...
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