Tag #Taiwan Currency

What are the underlying causes of the recent volatility in Taiwan's and Hong Kong's currencies, and what are the potential long-term consequences?

The fluctuations in Taiwan and Hong Kong's currencies highlight the far-reaching consequences of Trump's trade war. A stronger Taiwan dollar, for instance, reduces the competitiveness of Taiwanese exports, impacting its crucial role in the global technology supply chain. Hong Kong's intervention to maintain its currency peg to the US dollar reflects the widespread impact of these trade policies.