Reported about 12 hours ago
Taiwan's GDP growth forecast for 2025 has been raised to 4.45% due to strong tech demand, significantly higher than the previous estimate of 3.1%. However, a slowdown is anticipated for 2026, with growth expected at 2.81%, influenced by potential US tariffs on Taiwanese goods. The government is negotiating for better tariff rates while preparing for a possible interest rate cut by the central bank in response to these challenges.
Source: YAHOO