Taiwan's central bank has announced its readiness to intervene in the foreign exchange market to ensure the stability of the Taiwan dollar, following a 10% drop in global stock markets triggered by U.S. President Donald Trump's decision to impose sweeping import tariffs. The central bank stated it has 'sufficient ability' to manage fluctuations and has prepared sufficient liquidity for foreign currency. Eugene Tsai, head of the bank's foreign exchange department, noted that there were no 'panicked' outflows on the day of intervention, and the Taiwan dollar gained slightly against the greenback. In response to the market turmoil, Taiwan's National Financial Stabilization Fund has been activated to support the island's stock market, which experienced a sharp fall due to escalating trade tensions with the United States. The fund's intervention comes as part of broader efforts to stabilize financial markets amid global economic uncertainty. Meanwhile, Japan's Finance Minister Katsunobu Kato has urged investors to remain calm amid the volatile market conditions. Kato emphasized the importance of monitoring market movements closely and stated that the government would take appropriate actions to address any significant fluctuations. Taiwan's Foreign Minister Lin Chia-lung has expressed readiness to engage in negotiations with the U.S. over tariffs at any time, as the island's stock market stabilized after a 4% decline. This readiness comes amidst ongoing trade disputes and the recent activation of Taiwan's stabilization measures.