Investor confidence has rapidly declined, and the Taiwan stock market is likely to face considerable pressure at today's opening, potentially starting with a downward trend. U.S. President Trump has reignited trade tensions, threatening high tariffs on Apple and the EU, leading to a broad decline across all four major U.S. indices, with the S&P 500 recording its worst weekly performance in months.

The Taiwan Index Futures dropped by 216 points during night trading, and TSMC futures also fell by 12 TWD. The financing balance decreased by 4.9 billion TWD, reflecting waning investor confidence. In the U.S. stock market, the Dow Jones fell by 256 points, a drop of 0.67%, and both the S&P 500 and Nasdaq fell by 0.67% and about 1%, respectively.

The Philadelphia Semiconductor Index also dropped by 73 points, reflecting a decline of 1.53%, signaling fears due to rising U.S. bond market interest rates and uncertainties regarding technology tax reforms. Although early U.S. stock futures showed some signs of recovery, Asian stocks are likely to face follow-up downward pressure today. The net short position of foreign investors in Taiwan stock market futures remains above 40,000 contracts, and while the amount of cash sell-off was only 3.03 billion TWD, the overall market sentiment leans toward bearish.

Analysts indicate that Trump not only threatens to impose tariffs of up to 25% on Apple's supply chain but also proposed up to 50% tariffs on the EU starting June 1, raising concerns about the risk of stagflation and increasing pessimism regarding economic prospects. Under this backdrop, the Taiwan stock market only slightly dropped by 18 points yesterday, closing at 21,652 points with a transaction volume of 307.5 billion TWD, still seeing some buying interest.

If major stocks like TSMC remain weak today, the market may face greater challenges. Following U.S. stocks' decline on Friday, semiconductor stocks and AI-related stocks are expected to encounter pressure. The market will continue to monitor the U.S. government's tariff policy implementation progress and whether tech giants show signs of bottoming out.