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Asian Markets Slip amid Renewed US Tariff Concerns
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Asian markets fell for a second day as renewed US–China tariff tensions and sanctions on Russia dampened risk appetite, while oil prices climbed above $88 a barrel.
Asian equities declined for a second consecutive day as investors reacted to renewed US tariff threats on Chinese software exports and fresh sanctions on Russian entities. Japan’s Nikkei dropped 0.8%, while Hong Kong’s Hang Seng slipped 1.1%. Energy stocks outperformed as Brent crude rose to $88 per barrel, offsetting partial regional losses. Analysts attribute the decline to escalating trade frictions and global risk aversion ahead of key inflation data releases in the United States.