[FTNN News Network] Reporter Hsieh Ming-Chun in Taipei reports that the U.S.-China tariff war is undergoing a turning point as President Donald Trump signaled a softening stance on Tuesday, acknowledging that a 145% tariff on Chinese goods is 'too high', and indicating no intention to fire Federal Reserve Chairman Jerome Powell. This news sparked a rally in Taiwan's stock market, with the weighted index closing at 19,639.14 points, a dramatic increase of 845.71 points, or 4.50%. The trading volume reached NT$269.098 billion.

Today's closing marks the second-largest point gain in Taiwan's stock market history, surpassing last year's August 7 increase of 794.26 points, only second to the gain of 1,608.27 points on April 10 of this year. Among the top five electronic stocks, TSMC (2330) closed at NT$873, jumping NT$57 for a 6.99% rise; Hon Hai (2317) closed at NT$139, up NT$7, or 5.30%; MediaTek (2454) closed at NT$1,370, increasing NT$70, or 5.38%; Delta Electronics (2308) closed at NT$329.5, rising NT$19.5, or 6.29%; and Quanta Computer (2382) closed at NT$235, up NT$11.5, or 5.15%.