Asian shares hobbled by new tariff threat

Asian share markets slipped on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing.

Liquidity was thin with Japan on holiday, keeping early moves modest. Hong Kong markets could also be disrupted after a super typhoon brushed the city on its way to landfall in China’s Guangdong, the country’s most populous province.

MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.26 percent, snapping three straight sessions of gains.

Australian shares eased 0.2 percent, while EMini futures for the S&P 500 ESc1 were off 0.19 percent. Treasury futures were little changed, as were the major currencies.

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