Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Ukraine-Russia Talks Yield Major POW Swap as U.S. Pushes for Path to Peace 
Federal Judge Restores Funding for Gateway Rail Tunnel Project 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue 
European Union ambassadors have reached broad agreement to intensify diplomatic efforts aimed at discouraging U.S. President Donald Trump from imposing new tariffs on European allies, while simultaneously preparing retaliatory measures should those duties proceed. The move comes after Trump vowed to introduce escalating tariffs starting February 1 on several EU member states — Denmark, Sweden, France, Germany, the Netherlands and Finland — as well as Britain and Norway, linking the measures to U.S. demands over Greenland.
EU leaders are expected to discuss response options at an emergency summit in Brussels this Thursday. Among the most likely measures is a previously prepared package of tariffs covering 93 billion euros worth of U.S. imports, which could automatically take effect on February 6 following a six-month suspension. Another option under consideration is the EU’s “Anti-Coercion Instrument,” a powerful but unused tool that could restrict U.S. access to public procurement, investments, financial services, and digital trade, where the United States currently enjoys a surplus.
EU officials indicated that the tariff package has broader initial support than the anti-coercion mechanism, which remains divisive among member states. European Council President Antonio Costa emphasized strong unity within the bloc, reaffirming support for Denmark and Greenland and warning against any form of economic coercion.
Denmark has stressed continued diplomacy, noting recent agreements with Greenland and the United States to establish a working group. Danish officials highlighted the importance of U.S. institutional checks and balances beyond the presidency. Dialogue is expected to continue at the World Economic Forum in Davos, where Trump is scheduled to deliver a keynote address.
The tariff threat has unsettled global markets, weakening the euro and sterling against the dollar and raising fears of renewed volatility. Several EU leaders, including France’s Emmanuel Macron, have pushed for a firm response, while others, such as Ireland and Italy, have urged caution and continued engagement.
The dispute also casts doubt on recent EU-U.S. and UK-U.S. trade deals, already criticized for their imbalance. European Parliament leaders have signaled a likely suspension of ratification efforts, underscoring the growing strain in transatlantic trade relations.
