India, April 11 -- The euro strengthened against other major currencies in the European session on Friday, as the investor sentiment improved after the EU said it would suspend its planned countermeasures to Trump's tariffs for 90 days.
French President Emmanuel Macron said today that the U.S. tariff suspension offers only a "fragile" pause in tensions - but a vital opportunity for negotiations.
However, the spat between the U.S. and China has raised concerns of a prolonged trade war that could hurt several major economies. After the U.S. said that Chinese goods will be taxed at 145% as against the earlier proposed levy of 125%, China's finance ministry has revealed that it will raise tariffs on U.S. goods to 125% from 84%, effective Satu...