Preparing for the storm in Taiwan's stock market! Zhuo Rongtai再次invites the Financial Supervisory Commission to hold a "official residence meeting" for a simulation exercise.
- byVic

讀後心得
U.S. President Trump imposed a 32% tariff on Taiwan. On the 4th, Executive Yuan Premier Su Tseng-chang held a press conference to introduce an assistance plan of 88 billion yuan to address potential impacts. Facing external concerns about a possible significant drop in the Taiwan stock market tomorrow, Su Tseng-chang held ongoing discussions with the Financial Supervisory Commission and other units this morning to address market fluctuations. He emphasized the importance of continued communication with the industry to maintain market stability. During the meeting, the Financial Supervisory Commission will also announce relevant financial measures.
The President of the United States has imposed a 32% tariff on Taiwan, and the Premier held a press conference on the 4th to announce 20 measures covering 9 major areas, with a total amount of 88 billion NT dollars to respond to this situation. In light of concerns that the Taiwanese stock market may be affected, it is expected to see a significant drop when trading opens tomorrow. This morning, the Premier held a meeting at his official residence with the Financial Supervisory Commission and other agencies, focusing on discussing the potential for greater fluctuations in the domestic stock market.
Addressing concerns that the stock market might experience a sharp decline when it opens on the 7th, the Premier stated on the 4th that communication with the industry will continue over the next two days, hoping to manage the situation by next Monday and provide the market with more stability. However, he also mentioned the need for psychological preparation to face potential shocks. Sources in the Executive Yuan indicated that to stabilize the financial market, the Premier will invite the Vice Premier, Secretary-General, Ministers without Portfolio, Minister of Finance, Governor of the Central Bank, and Chairperson of the Financial Supervisory Commission for a meeting on the 5th, to listen to reports on financial measures from relevant agencies.
It is understood that in response to the impact of tariffs on the Taiwanese stock market, the Premier continued meetings with the Financial Supervisory Commission and other agencies today to conduct scenario simulations of possible situations. Sources in the Executive Yuan revealed that participants in today's meetings included the Chairperson of the Financial Supervisory Commission and the Chairman of the Stock Exchange, and the Financial Supervisory Commission will also announce related plans.
- Zhuo Rongtai invited representatives from the three parties to discuss national affairs, and the Taiwan People’s Party indicated their willingness to attend to reflect the voices of the people.
- The Executive Yuan will urgently invite both blue and white parties tomorrow to discuss countermeasures against the U.S. tariffs.
- Han Kuo-yu will also attend this meeting.