India, July 8 -- The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as President Donald Trump announced a delay in implementation of tariffs to August 1.
The Trump administration said that new tariffs on imports will take effect on August 1, instead of the July 9 deadline.
However, Trump imposed tariffs on 14 countries, with duties in range of 25 percent to 40 percent.
The Federal Open Market Committee will release minutes from the June 17-18 meeting on Wednesday.
The greenback climbed to a 2-week high of 1.3524 against the pound and near a 2-week high of 1.1682 against the euro. The currency is poised to find resistance around 1.33 against the pound and 1.13 against the euro.
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