U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
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Taiwan's Response to U.S. Tariff Threats on Chinese Imports
Taiwan's Economy Minister, Kuo Jyh-huei, announced on Thursday that Taiwan will help companies relocate production from China in response to the looming tariffs promised by incoming U.S. President Donald Trump. The tariffs, which could reach up to 60% on Chinese imports, are expected to have a significant impact on global trade and could slow growth in the world’s second-largest economy.
U.S. Tariffs Pose Major Risks for Taiwan's Companies in China
For over four decades, Taiwanese companies have invested billions in China, benefiting from lower production costs. However, Taiwan's government has been encouraging firms to diversify their investments elsewhere, particularly in light of Beijing’s growing pressure on Taiwan. Kuo stated that the impact of U.S. tariffs on Taiwanese firms operating in China would be "quite large," emphasizing the need for timely assistance to relocate production bases.
Contingency Plans for Taiwan's Semiconductor Industry
Lawmakers raised concerns about the potential loss of subsidies for Taiwan’s semiconductor giant, TSMC, which is investing $65 billion in new factories in Arizona. Kuo confirmed that a contingency plan is in place, with options for supporting more companies in the supply chain to move to the U.S. This aligns with TSMC’s ongoing expansion efforts in the U.S.
Taiwan's GlobalWafers, investing $4 billion in the U.S., expressed confidence that the CHIPS and Science Act would continue under the new U.S. administration, ensuring ongoing support for semiconductor investment.
