Business
Asia stocks fall as trading war jitters continue
Japan Nikkei Index ( N225 ) fell for the second healthy day, throwing about 1.5%, while Hong Kong Hang Seng Index HSI ) and Shanghai Composite Index ( SHCOMP ) both closed more than 1% lower.
Chinese stocks have now fallen around 6% so far this week.
Wednesday's slide emerges at the trade talks in Washington between China and the United States, which have been overshadowed by the Trump administration's renewed threat of increasing tariffs on Chinese goods.
A delegation led by China's top trading dealer, Liu He, goes to the United States for talks on Thursday, only days after President Donald Trump said he would raise tariffs of $ 200 billion of Chinese exports, Friday. US trade representative Robert Lighthizer confirmed on Monday that the duty increase will take effect.
"With the trade negotiations again … we need to see concrete progress and quickly to lift Trump's threat," said Jeffrey Halley, senior market analyst at Oanda. "Until then, it is difficult to see the monsoon clouds hanging over Asia's regional markets clear."
Investors had expected a timely settlement of the trade conflict between Beijing and Washington, an assumption that helped drive the US stock market this year . The potential reigniting of the commercial war has now become concerned about the implications for businesses and the world economy. DAX ] DAX ) and CAC 40 ( CAC40 ) all flat on the open.
Uncertainty hit US markets hard on Tuesday with Dow ( DJIEW ) marks its second largest trading day of the year with a 473 point. S & P 500 ( SPX ) was down 1[ads1].7% and Nasdaq ( COMP ) fell 2 %.
However, US stock markets were slightly higher on Wednesday.
