The Otemachi One Tower building in Tokyo, Japan.
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Asia-Pacific markets were set to open mostly lower Thursday as investors await details on the U.S.-Vietnam trade agreement that President Donald Trump announced on Wednesday.
The U.S. is imposing a 20% tariff on goods imported from the Southeast Asian nation, while the latter will impose “ZERO Tariff,” Trump said on Truth Social.
This comes as the deadline for Trump’s 90-day tariff reprieve draws closer.
Japan’s benchmark Nikkei 225 was set to open marginally lower, with the futures contract in Osaka last trading at 39,740, against the index’s last close of 39,762.48.
Australia’sS&P/ASX 200 is similarly set for a lower open, with futures tied to the benchmark at 8,587 compared to its last close of 8,597.7.
Futures for Hong Kong’s Hang Seng index stood at 24,174, lower than its last close of 24,221.41.
— CNBC’s Sean Conlon and Brian Evans contributed to this report.
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