Asia markets set to open lower, tracking Wall Street losses

This is CNBC’s live blog covering Asia-Pacific markets.

Asia-Pacific markets are expected to open lower, tracking losses on Wall Street as investors weighed weaker-than-expected economic data as well as fresh tariff comments from U.S. President Donald Trump.

“We’re going to be announcing [tariffs] on semiconductors and chips, which is a separate category, because we want them made in the United States,” Trump said on Tuesday stateside, adding that he’ll announce the new plan “within the next week or so.”

Happy Wednesday from Singapore. Asia markets are poised for a lower open.

Australia’s S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,739, compared with its last close of 8,770.4.