Asian shares slip as global trade-deal hopes tempered by China, U.S. headwinds

Asian equities moved lower across markets after the recent meeting between Donald Trump and Xi Jinping raised expectations of a U.S.–China trade breakthrough, but investor caution prevailed. The Shanghai Composite fell about 0.3%, while other regional indexes were under pressure amid concerns the deal lacks detailed roadmap and China’s export-growth momentum is weakening. The backdrop of unease was reinforced by central-bank signals that further rate easing may be delayed, sending risk assets lower and safe-havens higher.