South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Wall Street’s Magnificent Seven stocks plunged in after-hours trading Wednesday following President Donald Trump’s announcement of sweeping new U.S. trade tariffs. Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) led the sell-off, with Apple dropping 6.7% and Tesla falling 6% by 8:19 PM ET.
Trump unveiled a 10% universal tariff on all U.S. imports and announced reciprocal tariffs targeting countries with large trade surpluses or high duties on U.S. goods. China, a key player in global manufacturing, was hit hardest—total U.S. tariffs on Chinese imports now reach 54%.
Tech giants were among the biggest losers. Amazon (NASDAQ:AMZN) dropped 5.5%, Nvidia (NASDAQ:NVDA) fell 4.4%, Meta (NASDAQ:META) slipped 4%, and Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) each lost 2.5%.
Apple faces significant exposure due to its reliance on China, Taiwan, Japan, and South Korea for production. The new tariffs could disrupt its supply chain and increase costs. Tesla’s global sales may be affected by retaliatory tariffs, and CEO Elon Musk recently acknowledged the potential impact of these measures on the company, which still imports critical components, mainly from China.
Stock index futures also declined sharply amid growing fears of global recession and inflation. Analysts warned the tariffs were more aggressive than expected and could trigger widespread disruption across global trade channels. The new costs will likely be passed on to U.S. consumers, raising inflationary pressures.
Trump did offer exemptions for sectors like pharmaceuticals, copper, gold, energy, lumber, and certain critical minerals. The tariffs are set to take effect in the coming week.
This development adds fresh volatility to markets and raises uncertainty for multinational companies deeply embedded in international supply chains.
