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Equities

Nikkei Asia300 Index falls as worries over US trade policies intensify

Steel makers among key losers

MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Wednesday as resignation of a top White House economic aide heightened worries over U.S. trade policies.

The Nikkei Asia300 Index declined 0.6% to 1,425.02. Taiwan-listed China Steel and South Korea's Hyundai Steel declined at least 0.8% each, and India's Tata Steel lost 1.9% amid increasing likelihood that President Donald Trump will go ahead with his proposal to impose tariffs on steel and aluminum imports. India's biggest aluminum producer Hindalco Industries slipped 0.8%.

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