Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, as U.S. President Donald Trump announced a new round of tariffs ranging from 25 to 100 percent on upholstered furniture, kitchen cabinets, heavy trucks and branded drugs starting October 1. Asian markets ended mixed on Thursday.
Renewed uncertainty about the outlook for interest rates also weighed on the markets following the release of some largely upbeat U.S. economic data.
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