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Trump for further tariffs on China, stocks dip

Asia markets were largely down on Friday afternoon as Wall Street ended its four-day winning streak in the last session, following a report that U.S. President Donald Trump voiced his support for moving forward with more proposed tariffs.

In Japan, the Nikkei 225 docked 4.35 points to 22,865.15. The Japanese yen gained against the U.S. dollar at 110.76

In Hong Kong, the Hang Seng dropped 275.50 points, or 1%, to 27,888.55

Tencent's stock dropped by more than 5.6% after the Chinese education ministry on Thursday detailed a plan for increased regulation and control over the number of new online video games. The stock recovered slightly from its gains but was still trading down by 5.2% late in the day.

In Korea, markets picked up strength as industry heavyweight Samsung Electronics gained 1.7%

Down Under, the telecommunications sector declining by 3.9% giving up gains from a day earlier which were led by a proposed merger between TPG Telecom and Hutchison Telecommunications (Australia).

The Australian dollar was down at $0.7245 U.S.

In other markets

In Shanghai, the CSI 300 lost 16.59 points, or 0.5%, to 3,334.50

In Singapore, the Straits Times STI index fell 12.24 points, or 0.4%, to 3,213.48

In Korea, the Kospi index gained 15.53 points, or 0.7%, to 2,322.88

In Taiwan, the Taiex index fell 29.81 points, or 0.3%, to 11,063.94

In New Zealand, the NZX 50 deducted 26.68 points, or 0.3%, to 9,313.20

In Australia, the ASX 200 subtracted 32.26 points, or 0.5%, to 6,319.50