The developments come as Dec. 15 looms, with more tariffs on Chinese goods to the U.S. set to kick in.
The matter was further complicated by U.S. Congress passing a Hong Kong rights bill, amid ongoing turmoil in the city that has been plagued by civil unrest for months. Asia stocks were set to trade lower on Thursday following a report that an anticipated "phase one" trade deal between the U.S. and China may not be inked by the end of 2019.
Futures pointed to a lower open for Japanese shares. The Nikkei futures contract in Chicago was at 23,050 while its counterpart in Osaka was at 23,110. The
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Asia stocks set to decline as Trump threatens higher tariffs if China doesn't strike a dealU.S. President Donald Trump threatened to raise tariffs on Chinese goods if the two economic powerhouses do not strike a deal.
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