Asian stocks are down as investors await news from a meeting between President Trump and Japanese Defense Minister Taro Kono. The Federal Reserve and Bank of Japan are also set to make key decisions, adding to market uncertainty. The Nikkei 225 is down 0.5%, while the Hang Seng Index is down 0.8%.

Investors are keeping a close eye on the meeting between Trump and Takaichi, as tensions between the US and China continue to escalate. The Federal Reserve is expected to cut interest rates, while the Bank of Japan is likely to maintain its current monetary policy. Market volatility is expected in the coming days.

The Nikkei 225 and Hang Seng Index are both facing pressure as investors await the outcomes of the Trump-Takaichi meeting. The Federal Reserve is expected to announce a rate cut, while the Bank of Japan is likely to hold steady. Market analysts are warning of potential volatility ahead.

Read more at Investing.com: Asia stocks dip with Trump-Takaichi meeting in focus; Fed, BOJ decisions loom