Asian shares were mostly lower on Friday, with Tokyo’s benchmark down more than $2 after a sell-off on Wall Street. U.S. futures were higher and oil prices were little changed.

Bitcoin was trading near $88,000, according to CoinDesk, after President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance.

China reported lower than expected exports and imports for January-February, with exports growing just 2.3% and imports sinking 8.4%, the government reported. China’s trade data for the first two months of the year are usually combined to make up for distortions from Lunar New Year holidays.

U.S. stocks fell after President Donald Trump offered another temporary reprieve from his 25% tariffs on many good imported from Mexico and Canada, underscoring the uncertainty that Trump’s tariffs have created for the global economy. But investors showed little enthusiasm, unlike the bounce stocks got the prior day from his giving a one-month exemption specifically for automakers.

In Tokyo, the Nikkei 225 fell 2.1% to 36,898.25 on heavy selling of technology related shares. Computer chip-maker Tokyo Electron’s shares dropped 3.6% and testing equipment maker Advantest gave up 2.3%. Both saw steep drops in their U.S.-listed shares overnight.

Hong Kong’s Hang Seng held steady, gaining 0.6% to 24,504.80, while the Shanghai Composite index was nearly unchanged at 3,381.33.

Source: FINANCE.YAHOO