U. S. President Donald Trump told his aides he was supportive of going ahead with proposed tariffs on an additional $200 billion in Chinese goods, Bloomberg News reported.
Asia markets are set for a lower open as Wall Street ended its four-day winning streak, following a report that U. S. President Donald Trump voiced his support for moving forward with more proposed tariffs.
Nikkei futures in Chicago were at 22,710 while their counterpart in Osaka was at 22,720. That is lower than the last close of the Nikkei 225, which ended the previous session at 22,869.50.
Australia’s SPI futures were at 6,336.0, compared to the ASX 200’s last close at 6,351.8.
On Thursday, Wall Street ended a four-day winning streak. The Dow Jones Industrial Average fell by 137.65 points to 25,986.92. The S&P 500 declined by 0.4 percent to 2,901.13 while the Nasdaq Composite slid by 0.
