Taiwan Lifts 2025 GDP Forecast Despite Trump Tariff Threats
- Economy grew by 4.17% in the third quarter, government says
- Trump’s return complicates economic outlook for archipelago
Containers at the Keelung harbour, Taiwan.
Photographer: Sam Yeh/AFP/Getty ImagesThis article is for subscribers only.
Taiwan raised its forecast for economic growth next year even though the return of US President-elect Donald Trump threatens to disrupt trade.
The economy is expected to expand 3.29% in 2025, according to an estimate released by the statistics bureau in Taipei on Friday. That compares with the previous prediction of 3.26%. Gross domestic production is expected to grow 4.27% in 2024, versus the earlier forecast of 3.9%.