The article highlights the ongoing market turmoil due to the newly implemented tariffs by the Trump administration, which include significant percentages on imports from key trading partners. The Nasdaq Composite is on the verge of a correction, reflecting widespread panic among investors. Taiwan Semiconductor is an outlier, buoyed by its commitment to invest heavily in U.S. facilities. Meanwhile, gold prices rise as investors seek stability amid tariff-induced fears, driven by a weakening dollar.
"Stocks are in freefall as the Trump tariffs take effect."
"The tech-heavy Nasdaq Composite is encroaching on correction territory."
"Taiwan Semi is up on a robust spending plan the CEO outlined for the U.S. market."
"The gold price has been benefiting from the tariff fears and weaker U.S. dollar as investors seek out a hedge of protection asset."
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