TSMC Shares Plunge by 10% Amid Donald Trump’s Steep Tariff Hikes
TSMC shares fell by 10% amid a global market slump, as Trump’s tariffs hit.
Taiwanese chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC) saw its shares drop by 10% on Monday. TSMC hit the stock exchange’s daily limit, reacting to a broader global market decline sparked by President Donald Trump’s significant tariff hikes. As per a report of Money Control, the chipmaker’s shares listed in Taipei dropped by 10%, which also pushed down the main Taiex index by up to 9.8%. Alibaba Shares Drop 19% As China Stock Market Takes Hit Due to Donald Trump Tariffs on Imports.
TSMC Shares Plunge by 10%
BREAKING: 🇹🇼 Taiwan's semiconductor giant TSMC plunges by 10%
— The Spectator Index (@spectatorindex) April 7, 2025
(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)
(The above story first appeared on LatestLY on Apr 07, 2025 04:53 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
