India, Feb. 19 -- The euro weakened against other major currencies in the European session on Wednesday amid fears of fresh tariffs by the U.S. President Donald Trump spoke about the possibility of a 25% levy on imports of automobile, semiconductors and pharma products from April, weigh on sentiment.
Trump, continuing with his aggressive stance on trade, reiterated that U.S. will charge reciprocal tariff to trading partners which would be 'no more, no less' levied by other countries.
World markets renewed the focus on monetary policy ahead of the release of the minutes of the latest Federal Open Markets Committee.
In economic news, data from the European Central Bank showed that the euro area current account surplus increased to a six-mo...