AI Shock And Tariff Fears Split Markets Winners And Losers | Insight with Haslinda Amin 02/24/2026
•February 24, 2026
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Why It Matters
The convergence of AI volatility and aggressive U.S. tariffs is redefining global trade routes, pressuring commodity exporters and creating new opportunities for Southeast Asian markets, while forcing investors to reassess risk across supply‑chain‑dependent assets.
Key Takeaways
- •Supreme Court decision reshapes U.S. tariff landscape, creating winners
- •Trump administration poised to impose 10% tariffs on batteries
- •Port of Los Angeles expects lower import tariffs, higher cargo flow
- •Chinese soybean exports to U.S. down 90%, seeking alternative markets
- •ASEAN nations gaining U.S. trade share as China’s shipments decline
Summary
The episode focused on the twin shocks of artificial‑intelligence market anxiety and a wave of U.S. tariff actions following a Supreme Court ruling that struck down earlier levies. President Trump’s team announced a 10% tariff on batteries, electronics and other “national‑security” goods, set to take effect within hours, while warning of higher rates later.
Analysts noted that Asian equities have largely insulated themselves from the AI‑driven sell‑off that rattled Wall Street, with Japanese cable makers and Chinese home‑grown AI firms outperforming. The tariff uncertainty has driven investors toward safe‑haven assets such as gold and Treasury bonds, and has sparked a scramble among importers to recalculate duty costs under Section 122 of the Trade Act.
Port of Los Angeles director Gene Seroka warned that refunds for over‑charged tariffs could take months, but the effective rate may be lower for many Asian suppliers, potentially easing cargo volumes. He highlighted a 90% plunge in U.S. soybean shipments to China and a broader shift toward Southeast Asian sources, while the suspension of the $900 de‑minimis threshold could revive small‑parcel imports.
The combined AI and tariff turbulence is reshaping trade flows: U.S. exporters face a steep deficit, ASEAN nations are gaining market share, and infrastructure projects at the Port of L.A. are being fast‑tracked to accommodate new patterns. Policymakers and investors will need to monitor the evolving tariff regime and its ripple effects on supply‑chain‑dependent assets, commodity prices and regional growth.
Original Description
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.
Chapters:
00:00:00 - Insight with Haslinda Amin Begins
00:01:40 - Asian markets navigate AI angst and tariff uncertainty
00:04:15 - Trump’s new global tariff and legal limits
00:06:35 - Port of Los Angeles’ Gene Seroka on refund uncertainty and tariff confusion
00:09:10 - Seroka on shifting cargo flows and exporters left behind
00:23:22 - Nassim Taleb warns on fragile AI rally and rising volatility
00:24:44 - Citrini Report Author Alap Shah on AI scare trade and shift from “everyone wins” to real winners and losers
00:29:10 - EM halo trade and AI‑immune assets
00:31:16 - BNP Paribas AM’s Ecaterina Bigos on China, AI divergence and macro risks
00:37:54 - India premarket check and sector movers
00:38:34 - India’s momentum strategy outperformance
00:41:11 - Bigos on India’s selective recovery and reform gaps
00:46:57 - Dollar edges higher as traders weigh Trump’s next trade steps
00:47:00 - Fed rate‑cut expectations vs AI‑driven disinflation
00:48:26 - UBS Wealth’s Teck Leng Tan on FX outlook and tariff implications
00:48:33 - Tan on tariff risks and Fed cut expectations
01:03:17 - Iran strike risks and US‑Iran talks in Geneva
01:05:52 - Oil edges higher as markets gauge Iran‑deal prospects
01:10:07 - Citrini Report Author Alap Shah on AI volatility spillover
01:16:02 - Annabelle Droulers on Anthropic’s distillation allegations against Chinese AI firms
01:20:15 - BetterData.ai CEO Uzair Javaid on open‑source, model distillation and AI ethics
01:27:14 - Javaid on AI disruption timing and which sectors face real risk
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