On October 10, 2025, Alibaba (BABA) stock closed at $158.99, down 8.46%, marking its sixth consecutive session of losses. The sharp decline was triggered by US President Donald Trump's public threat of a 'massive increase of Tariffs on Chinese products,' reigniting fears of a renewed trade war between the US and China. This announcement led to a broad tech selloff, with Alibaba particularly impacted due to its status as a leading Chinese tech firm. Despite recent positive developments—including a new AI partnership with NBA China and strong analyst support—trade tensions overshadowed fundamentals and drove the significant price drop. The news was widely covered by major financial outlets, confirming its market-moving significance.