The dollar was rising to a nearly three-week high against a basket of currencies after President Donald Trump threatened a 30% tariff against the EU and Mexico at the weekend. One assumption investors

The U.S. dollar rose on Friday, fuelled by upheavals on the global trade landscape, as U.S. President Donald Trump announced more import tariffs, ranging from 35% on neighbouring Canada to plans for blanket levies of 15% or 20% on most trading partners.

U.S. stock futures fell Sunday, a day after President Donald Trump threatened to impose new 30% tariffs against imports from Mexico and the European Union.