Investment expert Chen Chiao-Hung recommends 5 defensive stocks to counter the uncertain tariff policies of U.S. President Trump impacting global markets. While the market has recently stabilized, investors are still feeling anxious as they look ahead to the second half of the year.

Chen suggests focusing on stock selection rather than market timing, prioritizing stocks that are both defensive and have growth potential. He emphasizes that defensive stocks should not only resist declines but also possess growth capabilities. His selection criteria include stable company management, immunity to currency appreciation and tariffs, and a cash dividend yield above 4%.

He pointed out his current allocation strategy: 10% cash, 50% defensive holdings, and 40% aggressive stocks, with 40% of aggressive stocks linked to AI and 20% directly in TSMC. Chen believes that long-term holding of TSMC can yield significant returns. More insights and additional recommended stocks can be found in the show 'Money Mirror'.