ASX subdued in early trade as US-China tensions sizzle

Summary

• The ASX200 is subdued in early trade, edging slightly lower at the open.
• Wall Street retreated overnight as US and China tensions escalated.
• Traders are keenly anticipating a raft of economic stimulus policies from China 
• Wesfarmers will shut up to 75 Target stores and convert a remaining 92 to Kmart.