India, March 3 -- European stocks look set to open on a firm note Monday as investors react to the latest tariff news and Europe's peace efforts in Ukraine.
U.S. Commerce Secretary Howard Lutnick on Sunday said that the tariffs on Mexico and Canada will go into effect as scheduled on Tuesday, but President Donald Trump will determine their exact levels before implementation.
Lutnick also indicated that an additional 10 percent tariff on Chinese imports remains on the table for Tuesday. China has already vowed to counter with all necessary measures.
Breaking his silence on the string of Trump's tariff announcements, legendary investor Warren Buffet has called them, "an act of war, to some degree" in an interview with CBS over the weekend....