Is Black Monday Coming? Trump's Tariffs Could Hit Taiwan's Stock Market "Challenging 20,000 Points," National Security Fund Prepares to Respond
The U.S. President Trump's tariff policy has had a significant impact on global stock markets, with U.S. stocks experiencing a substantial decline for two consecutive days, nearing a bear market. Taiwan is facing a 32% tariff and is expected to face selling pressure when the market opens on Monday. Premier Su Tseng-chang convened a meeting to discuss response measures, with the National Security Fund preparing to mobilize 500 billion NT dollars, and the Financial Supervisory Commission also readying 18 plans to stabilize the market. State-owned financial institutions are on standby and may intervene early to support the market.