The Exporter Expectation Index briefly rose to 45.1 after last year's U.S. Presidential election, reflecting optimism toward Trump's pro-business policies.

However, following the Reciprocal Tariffs Announcement, the index sharply fell to 27.8.

This decline, exceeding the concurrent drop in the Exporter Confidence Index, indicates businesses have adopted highly cautious market outlooks amid escalating trade uncertainty.

Taiwanese exporters held cautious outlooks even before last year's U.S. Presidential election.

Seven months post-election, the Reciprocal Tariffs Announcement triggered a sharp decline in business confidence, demonstrating how trade uncertainty has significantly impacted business performance.