Asia markets down as US-China trade talks loom

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Asia markets down as US-China trade talks loom
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US and China and giving their trade talks another go, but expectations this time are low

For more than a year, the world's two largest economies - China and the US - have slapped billions of dollars of tariffs on each other's imports. July 23, 2019

But analysts are pessimistic about a resolution to the year-long trade dispute between the world's top two economies that has seen $360 billion in tariffs imposed on bilateral trade. China's top policy body on Hong Kong affairs was set to hold an extremely rare press briefing on Monday afternoon on the crisis engulfing the financial hub.

Seoul was down 1.9 percent amid an ongoing trade spat with Tokyo, which restricted the export of materials key to South Korean tech firms earlier this month.Rate cut expectations

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