Stock Market Plummets 13% in Two Days... Taiwan Injects 22 Trillion Won Stabilization Fund

Due to mutual tariffs imposed by the United States, the Taiwan stock market plummeted for two consecutive days, prompting Taiwanese authorities to decide to deploy a financial stabilization fund worth up to 22 trillion won.

According to local media on the 8th, the Taiwan National Financial Stabilization Fund Committee held a meeting that day and approved the execution authority for the market stabilization mission. This allows the injection of funds amounting to 500 billion New Taiwan dollars (approximately 22.4 trillion won).

This decision is reported to be the ninth market intervention since the launch of the National Financial Stabilization Fund in 2000.

Earlier, on the 2nd, the Donald Trump administration announced the imposition of mutual tariffs on the global market, applying a tariff rate of 32% to Taiwan, which has a large export share to the U.S. in semiconductors and electronics.

The Taiwan stock market's TAIEX index, which was closed on the 3rd and 4th due to the Qingming Festival holiday, plunged sharply from the opening on the 7th, recording the largest drop in history at -9.7%, and continued its steep decline on the 8th, falling by 4.02%.