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From Japan Nikkei Index (N225) fell more than 1.5% early in the session for the second day in a row, while Hong Kong Hang Seng Index (HSI) and the Shanghai Composite Index (SHCOMP) both opened about 1% less after closing a little higher the day before.
Wednesday's slide comes on the eve of trade talks in Washington between China and the United States, which have been overshadowed by the new threat from the Trump government to increase tariffs on Chinese products.
A delegation led by Chinese chief negotiator Liu He will visit the United States on Thursday for talks, a day later than originally planned and a few days after the announcement by President Trump that he would increase the rights Customs on Chinese exports for $ 200 billion. US Trade Representative Robert Lighthizer confirmed the rights increases on Monday.
"With the resumption of trade negotiations (…), we will have to make real and rapid progress to remove Trump's threat," said Jeffrey Halley, Senior Market Analyst at Oanda. "Until then, it's hard to see the monsoon clouds hovering over the regional markets of Asia to dissipate."
Uncertainty also hit US markets hard on Tuesday, with Dow (DJIEW)marking his second trading day of the year with a plunge of 473 points. the S & P 500 (SPX) was down 1.7% and the Nasdaq (COMP) fell by 2%.
European equities have also struggled badly. the FTSE 100 (UKX), DAX (DAX) and CAC 40 (CAC40) all closed 1.6% lower. Pan-European Stoxx 600 (SXXP) decreased by 1.4%.
However, US equity futures rose slightly on Wednesday.
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