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chinadaily.com.cn
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US Tariffs to Slow Asia-Pacific Growth, but Some Economies Show Resilience
The Asian Development Bank (ADB) forecasts a slowdown in Asia-Pacific economic growth to 4.9 percent in 2025 and 4.7 percent in 2026 due to higher US tariffs; however, large economies like India and Indonesia, driven by domestic demand, are expected to remain resilient.
US Tariffs to Slow Asia-Pacific Growth, but Some Economies Show Resilience
The Asian Development Bank (ADB) forecasts a slowdown in Asia-Pacific economic growth to 4.9 percent in 2025 and 4.7 percent in 2026 due to higher US tariffs; however, large economies like India and Indonesia, driven by domestic demand, are expected to remain resilient.
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