India, Feb. 14 -- The U.S. dollar weakened against other major currencies in the European session on Friday, as investor sentiment was buoyed by hopes of a resolution to the Ukraine war and President Trump's decision to delay the implementation of his much-hyped additional tariffs on foreign goods. Fears of an impending worldwide trade war have subsided in light of this scenario.
U.S. President Donald Trump has signed a Presidential memo on reciprocal tariffs for more balanced trade, with Howard Lutnick, Trump's Commerce Secretary nominee, saying he anticipates the investigation will be complete by April 1.
It is then up to Trump to decide, as of April 2, when to enact any of the new recommended tariffs, he said.
In the European trading ...