India, Feb. 5 -- The U.S. dollar continued to trade lower against other major currencies in the Asian session on Wednesday, as China imposed tariffs on U.S. goods, like as liquefied natural gas and oil.
China's Finance Ministry said it will impose a 15 percent duty on imports of coal and liquified natural gas from the U.S. Also, there will be 10 percent additional duty on imports of crude oil, agricultural equipment and automobiles from the U.S. from February 10.
Traders are cautious and are concerns about a global trade war after President Donald Trump decided to impose tariffs on imports from China, Mexico and Canada, with the trading partners retaliating with counter tariffs.
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