Taiwan has decided to use its $15 billion stock stabilisation fund to support the market following a decline due to President Donald Trump imposing new import tariffs. Trump's announcement of a 32% tariff on Taiwan caused market turmoil when it reopened after a two-day holiday. The finance ministry authorized the National Stabilisation Fund, with assets totaling $15.15 billion, to intervene in the stock market and maintain stability. The benchmark index fell by almost 10% on Monday and a further 4% on Tuesday, reaching its lowest level in over a year. Foreign investors have been selling their holdings throughout the year, contributing to the stock market instability. The ministry noted the need to address the strong international panic and stabilize the Taiwan Stock Exchange. This is not the first time Taiwan has activated the fund during times of crisis, such as at the beginning of the COVID-19 pandemic.