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Taiwan Reacts to US Strike on Iran: Economic Concerns Rise

3/2/2026

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Story summary
  • Taiwan expressed surprise and concern after the US strike on Iran.
  • The incident prompted discussions about Taiwan's air defense readiness amid Beijing's pressure.
  • Taiwan's cabinet is monitoring potential impacts on the economy, financial markets, and energy supplies, noting that the economics ministry activated an energy response mechanism.
  • Premier Cho Jung-tai has directed finance authorities to observe market volatility, which remains manageable.