KUALA LUMPUR: The ringgit closed lower against the US dollar on Monday as the forex market tiptoes into the week on high alert, stuck in a "wait and see” mode, as traders hedge their bets ahead of Donald Trump’s tariff D-Day tomorrow, said an analyst.
Last week, the United States president said his proposed 25 per cent tariff on Mexican and Canadian goods will take effect on March 4, along with an extra 10 per cent duty on Chinese imports.
