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Asia Pacific stocks set to slip amid renewed US-China trade tensions

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Stocks in Asia were poised to slip at the open on Tuesday amid renewed trade tensions between the U.S. and China.

in Japan, which is set to return to the first day of trade following an extended holiday period. The Nikkei futures contract in Chicago was at 22,080, as compared to the benchmark index's last close at 22,258.73.was also set to slip at the open, with SPI futures at 6,275.0 as compared to the ASX 200's last close at 6,283.70.Asia-Pacific Market Indexes Chart

In overnight market action stateside, stocks recovered from most of their losses amid hopes that China and the U.S. will still strike a trade deal despite a recent re-escalation in tensions.

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Excuses excuses, Xi has already blinked. What are you guys prepping to cover up/make excuses for?

You call tension a 150percent increase on what import taxes used to be. Euphemistic!

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