The European Union’s top trade negotiator has signaled the bloc will continue trying to reach a deal with the U.S. after President Donald Trump threatened a 30% tariff on goods from the bloc and Mexico over the weekend.

Italy's foreign minister warned that, while he hopes for successful negotiations, the EU will respond resolutely to Trump's latest tariff threat.

The U.S. Dollar (DXY) rose on Monday while the euro retreated as U.S. President Donald Trump threatened to impose 30% tariffs on the European Union.  The greenback was last up 0.14% at $97.99.  Dollar weekly moves and key drivers:  The U.