Investing.com-- Most Asian stocks retreated on Wednesday with focus turning to key U.S. economic data for more cues on interest rates, while Chinese markets rose despite heightened concerns over U.S. trade tariffs.Broader market sentiment remained cautious after Trump announced plans to impose more import tariffs on China, Mexico, and Canada. Analysts noted that these tariffs could dampen recovery prospects for export-driven economies in Asia.rose 0.
Beijing is also expected to dole out more targeted fiscal stimulus to help offset the impact of higher trade tariffs, which bodes well for the economy.
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