Asian stocks drop and investors are jittery as focus shifts to the 'unlikely' resolution to US-China trade war

US President Donald Trump intends to raise tariffs from 10% to 25% on $200 billion worth of Chinese goods on Friday.

China's top trade negotiator will visit Washington on Thursday and Friday in a last-minute attempt to strike a deal and prevent the tariff hikes. "Investors are not holding their breath for any serious progress in these talks," said Jasper Lawler at London Capital Group. Asian equities slumped on Wednesday as regional traders, fearing a collapse of US-China trade negotiations,"Given the continued signs of risk aversion in the markets, investors are not holding their breath for any serious progress in these talks," said Jasper Lawler, head of research at London Capital Group, in a morning note."The chances of the two powers resolving their issues over the coming two days of talks appears unlikely.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stocks slide sharply at the open amid reignited U.S.-China trade fearsU.S. stock market benchmarks slumped at the opening bell on Monday after President Donald Trump, unhappy with the pace of progress in recent trade talks,...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

Global stocks slip, bonds rally as U.S.-China trade fears growAsian equities tracked Wall Street's slide on Wednesday as the latest devel...
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »