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Asian markets hit by fears over Trump economic agenda

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Hong Kong, June 28, 2017 (AFP) -Asian markets turned negative on Wednesday as Republicans' struggle to push through controversial health care legislation fuels concerns about the chances of Donald Trump passing his much-vaunted economic agenda.

Global markets soared in the months after the tycoon's November election victory as traders bet his plans to slash taxes and red tape while ramping up infrastructure spending would fire the world's top economy.

But his failure to pass an overhaul of Obamacare -- a key campaign promise -- despite his party controlling Congress has led many to question his ability to deliver his major promises.

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