China's Shanghai Composite index dips 0.39%

Asian stocks fell on Tuesday as Fed independence fears resurfaced and investors awaited Nvidia results amid hopes it can soothe fears about AI spending.

Trade tensions also kept investors on edge, with U.S. President Donald Trump threatening 200 percent tariffs on China if Beijing does not export rare-earth magnets to the U.S.

China's Shanghai Composite index dipped 0.39 percent to 3,868.38, after having hit a 10-year high the previous day driven by liquidity.

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