The Singapore dollar strengthened slightly against its U.S. counterpart in the Asian session as traders await President Trump’s decision on tariffs for China.

The U.S. dollar gave up some gains on Tuesday as China hit back with sweeping tariffs on imports of multiple U.S. products. The greenback had skyrocketed over the weekend, climbing to a three-week high on early Monday after President Donald Trump lived up to his promise and imposed tariffs on imports from Canada,