Stocks in Asia set to trade lower amid US-China trade uncertainty

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Stocks in Asia were set to trade lower on Wednesday amid mounting uncertainty on the U.S.-China trade front ahead of expected high level negotiations between the two economic powerhouses later this week.

Washington expanded its trade blacklist to include some of China's top artificial intelligence firms on Monday, punishing Beijing for its treatment of predominantly Muslim ethnic minorities.

China's Ministry of Commerce said the U.S. should "stop interfering" in the country's internal affairs and "remove" the relevant entities from the list "as soon as possible." Those latest developments cloud the outlook for the upcoming U.S.-China trade negotiations, set to kick off on Thursday amid the looming prospect of more tariffs from Washington on goods from Beijing.

Futures pointed to a lower open for Japanese shares. The Nikkei futures contract was at 21,355 and its counterpart in Osaka was at 21,340. That compared against the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Uncertainty. 🙄🙄 The financial experts still think this is an easy fix. The market forgot to price the MORON into the market. Big correction coming!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US STOCKS SNAPSHOT-Wall Street slumps as visa restrictions stoke U.S.-China worriesWall Street slumps after the U.S. imposes visa restrictions on Chinese officials, citing treatment of Muslim minorities; S&P 500 closes down more than 1.5 percent Hey Wall Street, they literally transport them blindfolded on trains to concentration camps. This is the very minimum that should be done. For better or worse... here we are. The brave new World Order under the biggest LIAR in US history. What could go wrong, 😢🇺🇸 Since when did this travesty of an administration give a damn about Muslim minorities?
Source: Reuters - 🏆 2. / 97 Read more »

Stocks are dropping after China hints at retaliation after the US blacklisted Chinese tech firmsChina's foreign ministry told reporters to 'stay tuned' for a response, tempering hopes the two countries will strike a trade deal in talks this week. Start investing on Mexican Exports. They’re your only options. Trump is NOT tough...Trump doesn't want a deal. He is helping Putin collapse the US economy, just as the Soviet Union collapsed. There will be NO deal with China...Trump will keep moving the goal post.
Source: BusinessInsider - 🏆 729. / 51 Read more »

European stocks seen slightly higher as traders await US-China talksEuropean markets were seen opening slightly higher Tuesday morning as investors await news out of high-level trade talks between the U.S. and China, set to commence on Thursday. Pay no attention to the man behind the curtain !!
Source: CNBC - 🏆 12. / 72 Read more »

Stocks skid as US raises tensions ahead of China talksStocks skidded in early trading after the U.S. blacklisted a group of Chinese companies as it prepares for another round of trade negotiations HAHA YOUR GUY RepAdamSchiff GOT PLAYED LIKE A FIDDLE Russian comedians prank phone call US representative Adam Schiff FULL HD via YouTube Our economy is still GREATEST in U S History under realDonaldTrump If POTUS us such a brilliant business man - why is my Merrill lynch account tanking Fix this now, he has had YEARS to fix this. Stop tweeting and start working smarter
Source: ABC - 🏆 471. / 51 Read more »