A bad day for Asian markets, with Taiwan's Taiex seeing its worst single-day drop on record in reaction to sweeping new tariffs imposed by the U.S. In response, Taiwan's Cabinet is seeking to rally cross-party support for measures to alleviate the pressure on domestic companies in light of Trump's 32% tariff on Taiwanese products, with President Lai Ching-te ruling out retaliatory tariffs on the U.S. Plus:
- Local suppliers of plumbing and hardware products say their American customers have already asked them to suspend new deliveries in light of the new import tariff.
- The case of three Chinese influencers deported from Taiwan for pro-unification videos has led to debate in Taiwan over the delicate balance between freedom of speech and national security.
- Activists in Tainan are working to preserve Nanshan Cemetery, Taiwan’s oldest cemetery for ethnic Chinese, dating back to the 17th century.
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