A bear market has arrived! U.S. stocks have declined for two consecutive days, and Taiwan's stock market may face a Black Monday. The National Security Fund is prepared to respond.
- byVic

讀後心得
U.S. President Trump announced equivalent tariffs on the 2nd, triggering turmoil in global markets. As Taiwan faces selling pressure in stocks and currency following the Qingming holiday, the public is concerned whether the Taiwan stock market can hold above the 20,000-point mark. In response to this, the U.S. stock market plummeted, setting a new record for market value evaporating by approximately 6 trillion dollars. Taiwan's Premier Su Tseng-chang stated that preparations need to be made for a response, and the National Security Fund will closely monitor market dynamics, convening an emergency meeting if necessary. To address market volatility, the government has begun discussions on financial stability measures.
The U.S. President recently announced reciprocal tariffs, sparking global discussions. Taiwan is feeling the impact of this wave of tariffs during the Qingming Festival holiday, and it is expected that the stock and foreign exchange markets will face strong selling pressure on the 7th, particularly the ability to maintain the crucial barrier of 20,000 points is receiving widespread attention. The financial sector is on high alert, and the National Security Fund will hold an emergency meeting if necessary.
Following the U.S. President's announcement of tariffs on the global market, China immediately responded with corresponding tax rates, causing the U.S. stock market to plummet on Friday, marking a two-day drop of over 1,500 points in total, with approximately $6 trillion in market value evaporated. Furthermore, international stock markets were severely impacted, especially the technology-heavy Nasdaq index, which has fallen over 20% from its previous peak, officially entering a bear market.
After the two-day closure of the Taiwan stock and foreign exchange markets during the Qingming Festival, the heavy selling pressure faced by the market cannot be underestimated. The fact that Trump set the tax rate for Taiwan at 32% exceeded market expectations, which may severely undermine investor confidence. The Executive Yuan's premier candidly stated that there must be psychological preparation to face the impending shock.
Although the National Security Fund was originally scheduled to hold a regular meeting on April 14, the changes in the global economic situation have brought attention to the fund's dynamics. It is understood that the National Security Fund has been closely monitoring domestic and international political and economic conditions as well as other market situations during the Taiwan stock market's closure. While a regular meeting is expected to be held on the 14th, if there are unusual fluctuations in the capital market, an emergency meeting will be convened as needed to discuss executing necessary market stabilization actions.
In addition, to address the stability of the financial market, the Executive Yuan's premier also convened a meeting, inviting the central bank, the Financial Supervisory Commission, the Ministry of Finance, and others to report on current financial measures. Relevant personnel analyzed Taiwan's current financial structure and the interconnectedness of the stock and foreign exchange markets with international markets, and compiled related measures.
- Trump announced a 32% reciprocal tariff on Taiwan.
- Informed sources indicated that the government has sent personnel to Washington for negotiations.
- The impact of the U.S. reciprocal tariff policy has led New Taipei City to express its willingness to assist the information and electronics industry.
- The U.S. Secretary of Commerce expressed hope to relocate the chip manufacturing industry from Taiwan back to the U.S.
- In light of the effects of Trump's tariffs, there are calls to convene a national conference to seek solutions.