Hong Kong's Hang Seng index fell 1.6 percent to 26,840.74 points and the Shanghai Composite Index lost 0.7 percent to 2,647.55.
The Nasdaq composite lost 226 points, or 3 per cent, to 7,217. While the Chinese Foreign Ministry acknowledged that further talks on tariffs would proceed, Beijing has yet to corroborate details on any major parts of the trade agreement, with Chinese state media avoiding any reference to a 90-day condition, nor did it mention an agreement to unilaterally reduce vehicle tariffs.
The jitters helped drive demand for government bonds today, pushing prices higher.
The Russell 2000 index of smaller-company stocks gave up 68.21 points, or 4.4 percent, to 1,480.75. The financial markets are closed Wednesday, a day of mourning for President George H.W. Bush.
The difference in yield between the two- and 10-year US Treasury notes has narrowed sharply in recent days, raising concerns about a so-called "inversion" in which interest on short-term bonds overtakes the rate on long-term bonds.
The financials sector edged down 1.7 per cent. Bank of Montreal fell 3.5 per cent, after Canada's fourth-biggest lender reported fourth-quarter earnings, ending a mixed earnings season for Canada's biggest banks.
Wall Street and the U.S. dollar are also struggling because of the inversion of the yield curve.The yield on three-year United States government debt is more than the interest rate on five-year debt.
Amid fears of slowing U.S. growth, Dollar General Corp sank 8% after warning that the proposed tariffs on Chinese imports could begin to have a greater impact on its business as well as its customers.
Oil prices headed higher ahead of an OPEC meeting on Thursday, where members are expected to agree to cut output in 2019. Seoul's Kospi shed 0.6 percent to 2,102.17 and benchmarks in Taiwan, New Zealand and Southeast Asia also declined. Brent crude, used to price worldwide oils, dropped $1.48 to $60.08 per barrel. The FTSE 100 index of leading British shares slid 0.6 per cent. The euro was little changed at $1.1342.
Bank of America fell 5.1 percent. Shares also fell in Taiwan and all other regional markets.
The S&P 500 index lost 8 points, or 0.3 percent, to 2,782.
The Dow lost 574 points, or 2.2 percent, to 25,253.
It's time to watch The Game Awards together
We can also expect to see the legendary movie and game music composer Hans Zimmer, who is set to perform that night at the show. The annual award show has become known for hosting game reveals, and this year's event promises to be no different.
O2 network down across Kent leaving thousands without data
Customers have been encouraged to use WiFi whenever possible if they need internet access before the problems have been fixed. The Transport for London's electronic timetable service at bus stops relies on the O2 network, so this service is also down.
Oil prices ease in cautious trading ahead of OPEC meeting
But Washington gave sanctions waivers to some buyers of Iranian crude, further raising fears of an oil glut next year. On Thursday, Brent futures fell more than 2% as traders began to doubt Opec would deliver a significant cut.