Taiwan Lifts 2025 GDP Forecast Despite Trump Tariff Threats.

Taiwan has increased its GDP growth forecast for 2025, despite potential disruptions from the return of US President-elect Donald Trump. The economy is expected to expand by 3.29%, up from the previous estimate of 3.26%. While the looming threat of Trump's tariffs could impact Taiwan's trade with major partners like China and the US, there is optimism that tax cuts in the US could boost demand and benefit Taiwan. The country's strong economic performance, driven by high-tech exports, has allowed the central bank to maintain its benchmark interest rate at a 16-year high. [Extracted from the article]