Asia markets trade mixed as U.S. trade talks with China hang in the balance
Asia-Pacific markets opened mixed as U.S. Commerce Secretary Howard Lutnick affirmed that President Donald Trump’s upcoming Friday deadline to impose major tariffs on a slew of trading partners will not be delayed further.
However, Lutnick noted that trade negotiations with China are progressing on a separate timeline, he said on CNBC’s “Squawk Box.”
Japan’s benchmark Nikkei 225 was flat at the open, while the Topix inched higher 0.1%.
South Korea’s Kospi gained 0.48%, and the small-cap Kosdaq rose 0.42%.
Australia’s S&P/ASX 200 lost 0.19%.
Source: CNBC