Asian stocks struggle for direction without more progress on a US-China trade deal

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Stocks in Asia struggled for direction as investors received mixed signals ahead of another round of US tariffs on Chinese goods expected December 15

Japan's Nikkei 225 dropped 0.2%. Hong Kong's Hang Seng Index seesawed in early trading. It was last up 0.1%. South Korea's Kospi also veered between small gains and losses. It was last up 0.3%. China's Shanghai Composite briefly dipped into the red, but then inched up 0.1%.The Wall Street Journal reported Tuesday that American and Chinese negotiators are working to delay the next round of duties.

Read More"I've got no indication that he's going to do anything other than have a great deal and put the tariffs on," Navarro said on Fox Business.US futures were all down a little more than 0.1% during Asian trading hours. The next round of tariffs will hit about $155 billion of Chinese-made products, notably consumer goods. China, meanwhile, has said it wants to strike a deal.

 

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