May 10 (Reuters) - Australian shares are poised to open lower on Friday, tracking losses on Wall Street as uncertainties surrounding the critical trade negotiations between the United States and China dampen sentiment toward higher-risk assets.
U.S. President Donald Trump said he was taking steps to authorise new tariffs on $325 billion in Chinese imports even as officials of the two nations prepared for a critical round of trade talks that seek to avoid an escalation in the trade war. local share price index futures YAPcm1 fell 0.9 percent, a 95.1-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.4 percent on Thursday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.2 percent in early trade.