Asian shares inched up from two-month lows on Friday just hours ahead of the Trump administration's plan to raise tariffs on Chinese imports as investors looked to whether negotiators from the two countries can clinch a deal to avert the hike.

Asian shares near two-month lows ahead of looming US tariff hike

US President Donald Trump on Friday said that the tariffs on Chinese goods will bring more wealth to America "that even a phenomenal deal of the traditional kind".

Trump defends latest tariff hike on China, says it 'will bring in far more wealth to US'

US President Donald Trump says the United States will raise tariffs on $200 billion of Chinese goods from 10 to 25 percent, complaining of a lack of progress in trade talks. "The Trade Deal with China continues, but too slowly, as they attempt to renegotiate.

US President Trump to hike tariffs on $200 bn of China goods

President Donald Trump is set to meet with Chinese Vice Premier Liu He on Thursday, officials said, signalling that a deal to end a tariff battle between the two countries may be close.

Trump to meet China's top trade negotiator in White House

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said.

India could lose vital US trade concession as Trump considers withdrawal of zero tariffs

US President Donald Trump has said the decision by India last year to cut the tariffs on motorcycles by half was a fair deal, but rued the high duties on American whisky.

In just 2 minutes, I got motorcycle tariffs in India down to 50%: Trump

India believes that the ongoing imposition of tariff by Bejing and Washington provides it with the opportunity to increase exports to both the countries. In a written statement in the parliament, Minister of state in the commerce ministry C R Chaudhary said,''The retaliatory tariffs between US and China provides a window of opportunity for enhancing India’s exports to China and US, particularly in products in which India is competitive.

Retaliatory tariffs between US, China opportunity for India’s exports: Commerce Ministry

Donald Trump described India as ''Tariff King''

The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing's response to the latest round of tariffs, a senior White House official said on Friday.

White House optimistic on China trade; no date for more talks

China's Ministry of Commerce said the country had scored remarkable success since it carried out reform and opening up, noting that China can develop only through reform

Decision to open economy not related to trade friction with US: China

US President Donald Trump had signed a proclamation to impose new tariffs on steel and aluminum imports.

Will take up tariff issue with US bilaterally: Suresh Prabhu

The US government is increasingly targetting the two biggest economies in Asia - India and China in a bid to fix its trade deficit.

Taking action against Indian export subsidies: US tells World Trade Organization

China runs a $375 billion trade surplus with the United States

Trump targeting $60 billion tariffs on Chinese imports in 100 items

Musk's tweet came in response to Trump's post that talked about America's 'very good' relationship with China

Tariff tiff: Donald Trump, Elon Musk engage in war of words on Twitter

Trump is set to formalize the tariffs at a signing ceremony Thursday afternoon

Embattled White House promises quick tariff decision

'Now, the prime minister (Modi), who I think is a fantastic man, called me the other day and said we are lowering it to 50 per cent. I said okay, but so far we're getting nothing,' said Trump

Harley-Davidson issue: After India reduces import duty by half, Trump says US gets 'nothing'

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