Mumbai, April 24 -- Asian stocks ended mixed on Thursday as trade war concerns resurfaced following mixed signals from the Trump administration regarding easing tariffs on Chinese imports.
U.S.-China trade deal optimism faded after U.S. Treasury Secretary Scott Bessent said there were no plans for President Trump to move first in lowering tariffs to ease Sino-U.S. tensions, echoing comments from White House spokesperson Karoline Leavitt that there will be no unilateral reduction in tariffs against China.
The dollar turned lower after a brief recovery, helping gold prices bounce back in Asian trade. Oil prices also edged up after Wednesday's 2 percent fall.
China's Shanghai Composite index ended marginally higher at 3,297.29 despite sha...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.