Taiwan’s Thunder Tiger Corp. is deepening partnerships with major European drone companies amid rising cross-strait tensions following China’s surprise military exercises near Taiwan on April 1, 2025.

Driven by the continued growth of AI server cloud network products, system manufacturing leader Foxconn reported a revenue of NT$552.125 billion (approx. US$16.7 billion) for March 2025, bringing its total revenue for the first quarter of 2025 to NT$1.64 trillion. Foxconn stated that cloud network products are expected to maintain their growth trend in the second quarter of 2025, with operations likely to show both quarterly and yearly increases. However, close observation of the impact of global political and economic changes is still necessary.

In the global market turmoil, economists, analysts, and even figures from within Donald Trump’s camp, including Elon Musk, have openly criticized the US president’s new “reciprocal tariff” formula for global trade partners. Many have called for the creation of a “zero-tariff zone” between Europe and North America.

The US has intensified tariffs on Chinese lithium battery materials, beginning with the Inflation Reduction Act under the Biden administration and continuing with President Trump’s reciprocal tariffs. With combined tax rates now exceeding 80% for Chinese exports to the US, the global supply chain landscape is shifting dramatically.