Trump's Tariff Policy Hits Hard, Labor Fund Posts 171.6 Billion Loss

At the end of March, the global financial market experienced intense turbulence due to Trump's tariff policies, with the Taiwan stock market facing a downturn from March 26, culminating in a significant drop of 906.99 points by March 31. The Labor Fund Management Bureau released its latest performance report, stating that as of the end of March, the total scale of the labor fund was 7.2358 trillion yuan, with a negative income of 64.1 billion yuan and a return rate of negative 0.94%, resulting in a monthly loss of 171.6 billion yuan in March.
The Bureau explained that despite relatively stable employment and inflation data in the U.S., the escalation of the tariff trade war has intensified market concerns regarding the U.S. economic outlook, adversely affecting the international financial market's investment climate. Additionally, weakened consumer confidence in the U.S. combined with the marginal expansion of Taiwan's manufacturing PMI driven by AI demand has led to a substantial market impact due to the new government's tariff policies.
To mitigate the impending challenges, the Bureau has proposed an export supply chain support plan, offering preferential loans and R&D transformation support, and continues to make rolling adjustments in response to potential shocks from the U.S. reciprocal tariff policies.