The Taiwan stock market has halted trading due to a circuit breaker being triggered. This occurred after the benchmark index plummeted nearly 10% at the opening of the first trading session following a two-day market holiday. The sharp decline was largely attributed to new import tariffs announced by U.S. President Donald Trump the previous week, which included a 32% duty on Taiwan, a trade-dependent economy heavily reliant on its role in the global electronics supply chain. Major companies like TSMC and Foxconn saw their shares drop near 10%, hitting the 10% single-stock circuit breaker limit, contributing to the market-wide halt. The Taiwan Stock Exchange has indicated it will coordinate with regulators to implement further stabilization measures if necessary, following a turbulent start to the trading day.
