<ul data-eligibleForWebStory="false"><li>The Indian rupee fell below the 86-mark against the US dollar, opening 21 paise lower at Rs 86.01 due to renewed trade tensions stirred by US President Donald Trump's latest tariff announcement.</li><li>Global markets reacted nervously to Trump's decision to impose a 30% tariff on goods from the European Union and Mexico, leading to caution in Asian equity markets and a slight gain in the Japanese yen.</li><li>US economic data impacting rate expectations, with traders leaning toward ruling out a rate cut at the upcoming Federal Reserve meeting, but still indicating a 70% probability of easing in September.</li><li>Bitcoin surged past $119,000 after setting a record over the weekend, reflecting increased appetite for alternative assets amid global volatility.</li></ul>

Rupee Slides Against US Dollar Amid Global Trade Tensions

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