CONNECTED

US Trade Policy vs. New Taiwan Dollar: What’s Really Happening With NTD

Published

By TaiwanPlus

Open in App

Taiwan’s exports to the US keep growing, with TSMC leading the charge. So why has the New Taiwan Dollar (NTD), long seen as undervalued, stayed so stable? Economist Paul Cavey explains how Donald Trump’s trade policy, global markets, and currency shifts affect Taiwan’s economy — from household wealth to SMEs — and whether Taiwan should be worried about its massive holdings in the US.