Asia lower as Trump considers more tariffs

Thursday, 13. June 2019 04:32

Asian stock markets dropped on Thursday after United States President Donald Trump threatened to impose tariffs on another $325 billion of Chinese imports if the two countries cannot reach a trade deal, although he expressed hope for the agreement. Wall Street also slipped following the announcement.

Japan's Nikkei 225 was down 0.82% at 4:28 am CET. South Korea's Kospi Composite slumped 1.21% at 11:08 am CET.

The Shanghai Composite index lost 0.60% at 4:28 am CET, while the Shenzhen Composite lost 0.76% at the same time. Hong Kong's Hang Seng fell 1.55% at 4:30 am CET.

Australia's S&P/ASX 200 declined by just 0.09% at 4:30 am CET.

The dollar was 0.26% lower compared to the yen at 4:31 am CET, selling for ¥108.2285.

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