SYDNEY - Asian shares wallowed near five-week lows on early Tuesday after U.S. President Donald Trump’s threat to raise tariffs re-ignited worries about U.S.-China trade tensions while Japan’s Nikkei opened down after a 10-day break.
Japan’s Nikkei shed 1.1 percent to 22,006.58, taking a delayed hit after the country’s financial markets opened after a 10-day market break to mark the ascension of Japan’s new emperor to the throne. But offering some solace to investors, U.S. Trade Representative Robert Lighthizer said he expected top Chinese negotiator Vice Premier Liu He would lead a delegation coming from Beijing for talks in Washington on Thursday and Friday.
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