Taiwan activates NT$88bn relief as US tariffs hit economy

Taiwan’s National Stabilization Fund (NSF) activated NT$88 billion as part of a broader NT$500 billion effort to support the stock market following a sharp decline caused by new 32% US tariffs. The government also announced a NT$70 billion aid package for affected industries and NT$18 billion for the agricultural sector. Taiwan is seeking negotiations with the US, with President Lai proposing a zero-tariff regime. Officials affirmed readiness for talks and expressed confidence in the country’s comprehensive economic response.

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Source: Taipei Times

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