TWD Falls to Nine-Year Low Against USD Ahead of More Trump Tariffs

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By James Lin/Joyce Tseng

Taiwan's stock exchange closed down 4.2% on Monday as anxiety runs high across Asian markets ahead of U.S. President Donald Trump's expected reveal of more tariffs. The New Taiwan dollar has also depreciated against the U.S. dollar to a nine-year low. Correction: The line graph in the report is inaccurate. The TAIEX closed at 20,695.90 on Monday.