Asian indices ran lower on the back of.......>

STOCKS: Asian indices ran lower on the back of trade war fears after US

President Trump outlined the plans for his steel & aluminium tariffs.

- The Nikkei 225 led the way lower, receiving extra pressure from the JPY

strength that was evident on the session, last trading down 2.5%. The telecoms

sector took the biggest hit, with materials names also lagging as all of the

sectors traded lower.

- Hong Kong's Hang Send traded 1.5% lower as Energy & IT led the way.

- Chinese stocks took a hit, but took some solace from suggestions that the

tariffs will not provide China with anywhere near the economic headwinds that

Trump envisages, coupled with additional additional liquidity injections from

the PBoC; the CSI 300 last trades 0.4% lower.

- Australia's ASX 200 was down 0.9% with all sectors taking a hit.

- US index futures also dipped, with the e-mini S&P 5 ticks lower, and the mini

Dow 75 points softer thus far.