#Latest news with #exportdrivenBloomberg28-05-2025BusinessBloombergTaiwan Trims 2025 Growth Forecast as Tariff Concern LingersTaiwan lowered its economic growth outlook for this year, reflecting concern about the impact of potential US tariffs on the archipelago's export-driven economy. Gross domestic product is expected to expand 3.10% in 2025, the statistics bureau in Taipei said in a statement on Wednesday, down from a previous estimate of 3.14%.
Bloomberg28-05-2025BusinessBloombergTaiwan Trims 2025 Growth Forecast as Tariff Concern LingersTaiwan lowered its economic growth outlook for this year, reflecting concern about the impact of potential US tariffs on the archipelago's export-driven economy. Gross domestic product is expected to expand 3.10% in 2025, the statistics bureau in Taipei said in a statement on Wednesday, down from a previous estimate of 3.14%.