Nov 27 - Global stocks paused and the dollar slipped on Wednesday as concerns over the potential impact of U.S. tariffs when Donald Trump returns to the White House prompted traders to take some profits off the table before the month ends.
Futures pointed to a slightly lower start for the S&P 500 before a key consumer spending report, while the pan-European STOXX 600 , lost 0.4%. Trump also chose trade lawyer Jamieson Greer as his new U.S. trade representative, a veteran of his first-term trade war against China. Trump's policies are"relatively positive for U.S. business conditions but probably more challenging for the rest of the world that will have to adjust and find a path to avoid disruptions and more expensive access to U.S. markets," Chaar said.
The U.S. dollar dropped against other major rivals, falling 0.6% to $1.0547 per euro and easing by a similar measure to $1.26446 against sterling . It slid 1.1% to 151.390 yen.
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