By laksh5382 
Taiwan’s financial regulator has announced tight short-selling control to stabilize the market amidst the aggressive tariff of Donald Trump.
The Financial Supervisory Commission said in a statement on Sunday, “New measures, effective from April 7, will limit the amount of intraday securities lending orders up to 3% of the average daily trading volume in the last 30 days. It has been reduced to the first 30%.
The statement said that it will increase the requirement of minimum margin for low-dying activities from 90% to 130%. Changes will be effective from 7 April to 11 April.
The FSC said in a statement, “The US recent announcement on mutual tariffs has given a sharp shock to the global stock markets, and the Taiwan market has not yet reacted that it was closed for the holidays.” “Global markets are still digesting information, which will definitely bring significant uncertainty in the Taiwan market.”
The FSC said it would continue to monitor the situation closely and release various stabilization measures if necessary. Trading in Taipei was closed on Thursday and Friday due to an island-wide holiday and will resume on Monday.
Inspired by concerns about the aggressive rate hike of the Federal Reserve and the possibility of recession, after a match of instability in the global markets, Taiwan’s regulators adopted similar small and sprinkled measures in September 2022.
The National Financial Standing Funds of Taiwan are scheduled to hold a regular committee meeting this month, the Finance Ministry said on Sunday. Funds supported the stock market in 2022, when investors lacked confidence amid global economic and political uncertainties.
President Lai Ching-Tea said that Taiwan has not planned to retaliate with Tariff, and according to a statement from the presidential office on Sunday, will try to improve mutual tariffs through negotiations with the US.
The Taiwan-US talks can begin with the “zero tariff”, stating that industries such as electronics, petrochemicals and natural gas will try to promote investment in the US. This is in addition to the recent announcement of the Taiwan Semiconductor Manufacturing Company. The island’s Ministry of Defense has proposed a weapon purchase list along with the government’s plan to buy more products including agriculture, oil and natural gas from the US.
This article was generated from an automated news agency feed without amending the text.