Stocks in Asia may struggle for direction on Friday, after US shares declined as concerns of a widening trade war overshadowed a US economy growing faster-than-estimated.
Asian stocks may face headwinds due to escalating trade war concerns that overshadowed a strong US economy. Tensions are rising between the US and its trading partners, with China criticizing the US for destabilizing trade. South Korea, Japan, and China are meeting to discuss economic cooperation in response to US trade pressure. Australia's upcoming election will focus on cost-of-living issues.