Taiwan central bank flags risks to growth from Trump administration policies

Taiwan

TAIPEI :Taiwan's central bank on Thursday raised this year's growth forecast for the tech powerhouse island but flagged risks for next year centred on the trade policies of the incoming Trump administration in the United States. Taiwan's economy has benefited from the crucial role homegrown companies like chipmaker TSMC are playing in the AI revolution. But given its reliance on trade, Taiwan could be vulnerable to across-the-board import tariffs U.S. President-elect Donald Trump has said he

Tag-uri: Donald Trump

Taiwan central bank flags risks to growth from Trump administration policies https://www.channelnewsasia.com/ - 19.12.2024 12:43

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Taiwan central bank flags risks to growth from Trump administration policies https://www.channelnewsasia.com/ - 19.12.2024 12:43