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At a 4–5 Feb 2026 State Department summit, Vice-President JD Vance proposed a price-floor-backed preferential trade bloc for critical minerals, signaling Washington’s first multilateral mechanism to curb China’s supply dominance.
Between 3–4 Feb 2026, the debut of Anthropic’s industry-specific plugins for its Claude Cowork AI agent ignited a two-day global sell-off that drove the IGV Software ETF to a 6.7 % loss and erased roughly $285 billion in software-sector market value.
On 3 Feb 2026, U.S. President Donald Trump declared that U.S. tariffs on Indian goods would drop immediately from 25-50 % to 18 % after a phone call with PM Modi, a move announced in Washington before any statement in the Indian Parliament.
On 3 Feb 2026, President Trump launched Project Vault, leveraging a $10 billion EXIM Bank loan plus $1.67 billion in private money to build the first U.S. civilian stockpile of rare-earth and other critical minerals.
On 30–31 Jan 2026, a dollar-driven sell-off wiped over 12 % from gold and 36 % from silver in hours, abruptly ending their record rally and forcing exchanges to tighten trading margins.
On 3 Feb 2026 the U.S. dropped its tariff on Indian imports from a punitive 50% to 18% after New Delhi pledged massive purchases of American energy, defence and aircraft and signalled a gradual halt to Russian oil buys.
On 3 Feb 2026, President Trump said the U.S. reciprocal tariff on Indian imports would fall from 25% to 18% immediately after a phone call with PM Modi that tied the cut to India curbing Russian-oil purchases and boosting U.S. imports.
On 30-31 Jan 2026, internal pushback at Nvidia froze a non-binding September 2025 pact to fund and build 10 GW of compute for OpenAI—slashing the prospective outlay from $100 B to a still-undecided equity infusion of merely “tens of billions.”
Speaking aboard Air Force One on 1 Feb 2026, President Trump said India will resume buying Venezuelan crude—blocked since early-2025 tariffs—signalling Washington’s post-Maduro opening of the Orinoco fields to allied importers and inviting China to follow.
On 30 Jan 2026, President Trump named former governor Kevin Warsh to succeed Jerome Powell at the Federal Reserve, instantly flipping markets toward a stronger dollar and higher yields.
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