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Taiwan's stock market suffers its biggest drop ever as U.S. tariffs cause tech stocks to plummet.
Taiwan's stock market experienced its largest single-day drop in history on Monday, with the TAIEX index falling 9.7%, or 2,065.87 points, due to new US import tariffs.
Over 1,700 stocks hit their daily limit-down, including major tech companies.
The government announced a support package worth NT$88 billion and temporary curbs on short selling to stabilize the market.
Analysts warn of further forced selling and lasting economic damage from prolonged tariff tensions.
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El mercado de valores de Taiwán sufre su mayor caída a medida que los aranceles estadounidenses causan que las acciones de tecnología se desplomen.