Asian shares fall on fears over US-China tariffs standoff

 

September 16, 2018



SINGAPORE (AP) — Asian shares were mostly lower Monday on reports that President Donald Trump will soon place tariffs on $200 billion more of Chinese goods, even as officials worked to iron out tensions between the world's two largest economies.

KEEPING SCORE: South Korea's Kospi fell 0.8 percent to 2,300.83 on Monday. Hong Kong's Hang Seng index tumbled 1.9 percent to 26,768.17. The Shanghai Composite index lost 1.0 percent to 2,654.13. But Australia's S&P/ASX 200 rose 0.3 percent to 6,183.30. Japanese markets were closed for a national holiday. Stocks fell in Taiwan and Southeast Asia.

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