India, July 2 -- Asian stocks ended mostly lower on Wednesday as U.S. President Donald Trump hinted at higher tariffs on certain countries after the July 9th deadline and Senate Republicans narrowly advanced his tax and spending bill, which risks a $3 trillion deficit before Trump's term ends.
The U.S. dollar held near 3-1/2-year lows in Asian trading and gold edged down after two days of gains as investors awaited U.S. payroll data and assessed Federal Reserve Chair Jerome Powell's cautious stance on rate cuts. Oil prices held steady ahead of a key OPEC+ decision on August output policy.
China's Shanghai Composite Index finished marginally lower at 3,454.79 as tech shares fell amid ongoing global trade tensions. Hong Kong's Hang Seng Ind...