Asian Shares Dip on Trump's Tariff Threats, Yen Holds Strong Amid Intervention Speculation
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CNBC TV1827-01-2026, 06:23

Asian Shares Dip on Trump's Tariff Threats, Yen Holds Strong Amid Intervention Speculation

  • Asian shares declined due to renewed concerns over tariffs after US President Donald Trump threatened higher levies on South Korean goods and 100% tariffs on Canadian products.
  • The Kospi index fell 0.9%, and the South Korean won weakened; Japanese equities also dropped, weighed down by a stronger yen.
  • The yen traded near 154 per dollar, holding gains amid speculation of potential US-Japan coordinated intervention to prevent further currency slides.
  • Gold and silver reached near record highs, while a dollar index remained steady around 2022 levels.
  • US natural gas prices surged by about 30% after a winter storm knocked 12% of production offline, and the Federal Reserve is expected to pause rate cuts.

Why It Matters: Trump's tariff threats and yen intervention speculation are impacting Asian markets, while US energy prices soar.

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