Trump’s tariffs trigger market turmoil: TSMC plunges 13.56%, Foxconn falls 18.57%, Wiwynn bucks trend

US President Donald Trump’s introduction of “reciprocal tariffs” across various countries has triggered a substantial market upheaval, causing US equity markets to drop sharply over two consecutive trading days and erasing approximately US$6.6 trillion in market value. The shockwaves reached Taiwan’s stock exchange, leading to consecutive declines.

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South Korean firms’ decades-long US cultivation: Shield against protectionism?

On April 2, 2025, US President Donald Trump announced a new round of tariffs, imposing rates as high as 46% on products from Vietnam, 34% on those from China, 32% on Indonesia, and 26% on goods from India—key regions where many South Korean companies have production hubs. This escalation threatens to disrupt the complex global supply chains of these firms. However, for businesses like Hanwha Solutions and OCI, which run solar energy plants in the US, the changing geopolitical landscape could strengthen their competitive position.

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Tariff impact minimal: Hye Technology reports no direct sales to the US

In response to the announcement by the US government on April 2, 2025, regarding reciprocal tariffs, Hye Technology stated that it does not directly sell automation and semiconductor testing equipment to the US market. Consequently, the related tariff policy has no direct impact on its operations, nor has it affected existing orders or shipping arrangements.

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Apple suppliers in China say US tariffs have limited impact — but risks are rising

On April 7, multiple Chinese Apple suppliers responded to the Trump administration’s newly announced “reciprocal tariffs.” Reports from Xinhua and Sina show that many A-share listed firms downplayed their US exposure and said the policy would have minimal operational impact. They also cited diversified production and flexible strategies to manage risk.

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Trump threatens extra 50% tariffs as China stands ground in escalating trade fight; EU proposes 25% retaliatory tariff

US President Donald Trump said he has no plans to suspend tariffs to facilitate trade negotiations, calling this the country’s only chance to rebuild its industrial base. He warned that if China does not roll back its 34% retaliatory tariffs on US goods, Washington will slap an additional 50% tariff on Chinese imports, raising the total rate to 104%.

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