Asia stocks set to decline as US-China trade war heats up

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

China announced on Monday that it will raise tariffs on $60 billion worth of U.S. goods, beginning on June 1. The latest development from Beijing comes after U.S. President Donald Trump hiked tariffs on Chinese goods last week.

Shares in Asia were set to decline on Tuesday as tensions between the United States and China intensified after Beijing decided to raise tariffs on some American goods.China announced on Monday that it will raise tariffs on $60 billion worth of U.S. goods, beginning on June 1.

The latest development from Beijing comes after U.S. President Donald Trump hiked tariffs on Chinese goods last week. Shares in Asia were set to decline on Tuesday as tensions between the United States and China intensified after Beijing decided to raise tariffs on some American goods.in Japan. The Nikkei futures contract in Chicago was at 20,830, as compared to the benchmark index's last close at 21,191.28.

Shares in Australia were also set to see declines, with the SPI futures contract at 6,243.0. The benchmark

 

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

In 2018 we heard many stories regards hacks, assets stolen, etc. Store your crypto on best & most secured device ever made Ledger Nano X. Get now as it is selling at the lightning speed.

Buy American hire American boycott China

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 MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Asian stocks move lower Monday as markets react to failed U.S.-China trade talks in WashingtonShares were mostly lower in Asia on Monday after trade talks between the U.S. and China wrapped up Friday without an agreement.
Source: MarketWatch - 🏆 3. / 97 Read more »

Asia Pacific stocks set to slip amid renewed US-China trade tensionsStocks in Asia were poised to slip at the open on Tuesday amid renewed trade tensions between the U.S. and China. You call tension a 150percent increase on what import taxes used to be. Euphemistic! Excuses excuses, Xi has already blinked. What are you guys prepping to cover up/make excuses for?
Source: CNBC - 🏆 12. / 72 Read more »

Asia stocks rise as increased tariffs on China loomStocks in Asia rose in Friday morning trade, with increased U.S. tariffs on Chinese goods set to kick in at 12.01 a.m. ET Friday. What the F is that on your head😂 Fair trade not free trade were you put tariffs on us and we don’t reciprocate,you use slave labour and we don’t,you control the masses by dictatorship totalitarian rule and we have democracy freedoms.pres.Trump stated I am the president of the u.s not he world.the raping stopsno
Source: CNBC - 🏆 12. / 72 Read more »