Nov 20 (Reuters) - Australian shares are set to open lower on Wednesday with energy stocks weighing as investors are expected to grow wary amid threats of an escalation in trade tensions.
The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday emphasizing if there were to be a deal it would be one he "likes." local share price index futures YAPcm1 fell 0.5%, a 28.2-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.7% on Tuesday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 0.4% by 2106 GMT.