GLOBAL MARKETS-Asia Shares, Dollar Slip as Tariff Tensions Darken Mood

GLOBAL MARKET - SYDNEY. Asian share markets and the dollar made a soft start on Monday as U.S.-China trade tensions continued to simmer, while investors turned defensive ahead of key U.S. jobs data and a widely expected cut in European interest rates.

There was little obvious reaction to President Donald Trump's threat late Friday to double tariffs on imported steel and aluminium to 50%, beginning on June 4, a sudden twist that drew the ire of European Union negotiators.