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June 2, 2025

Taiwan Shares Plunge Amid Escalating U.S. Tariff Concerns

Taipei: Shares in Taiwan moved sharply lower, down more than 340 points Monday as concerns over the United States’ tariff policies escalated after President Donald Trump accused China of violating a preliminary trade deal with

U.S. Dollar Closes Higher on Taipei Forex

Taipei: The U.S. dollar rose against the Taiwan dollar on Monday, gaining NT$0.059 to close at NT$29.988. The trading session saw a significant turnover, reaching US$1.619 billion.

According to Focus Taiwan, the greenback opened at