Asian shares fall as U.S.-China trade spat escalates

TOKYO/SYDNEY (Reuters) – Asian shares fell on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. MSCI’s broadest index of Asia-Pacific shares outside Japan skidded 0.4 percent to its lowest level since May 31. Financial markets in China and Hong Kong were closed for Dragon Boat festival holiday. …read more

Source:: Yahoo Finance

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