India, March 13 -- The U.S. dollar firmed against its most major counterparts in the New York session on Thursday, as investors rushed to safe-haven assets amid concerns about President Donald Trump's trade policies after he suggested the U.S. would respond to the European Union's countermeasures with even more tariffs.
With the EU saying it would impose tariffs on approximately $28 billion worth of U.S. goods in response to U.S. tariffs on steel and aluminum imports, Trump indicated the U.S. would react with reciprocal tariffs.
"Whatever they charge us with, we're charging them," Trump told reporters on Wednesday. "Nobody can complain about that."
Trump later threatened in a post on Truth Social to impose a 200 percent tariff on all win...