💨 Abstract

Taiwan's economy is projected to experience a significant slowdown due to new US tariffs, with a potential drop in GDP growth ranging from 0.43 to 1.61 percentage points. The 32% reciprocal tariffs, effective from April 10, could push Taiwan's GDP growth below the previously forecasted 3%, possibly down to 1.53%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖