US tariffs, China slowdown cloud developing Asia's growth outlook, says ADB

ADB Warns U.S. Tariffs Could Slow Growth of Emerging Asia; Reduced Demand for Exports Risks Factory Closures

BANGKOK — The Asian Development Bank announced Wednesday that the growth rate of emerging Asian economies could be pushed down by about 0.3 percentage points if the U.S. administration fully implements reciprocal tariffs.

Governor José Luis Escrivá says that "the logical thing is that we review downwards [the projection of 2.7% of the current GDP advance in 2025] and what I can't say right now, because we still don't have it and because it's not easy to do, it's how much."

US tariffs, China slowdown cloud developing Asia's growth outlook, says ADB

MANILA: The full implementation of US tariffs could cut developing Asia's growth by about a third of a percentage point this year and nearly a full percentage point in 2026, the Asian Development Bank sa

Trump puts Asia on track for 'significantly lower growth,' ADB says

MANILA -- Emerging Asia and the rest of the global economy face "significantly lower growth" due to the sweeping U.S. tariffs by President Donald Trum

Effect of geopolitical risks on emerging economies will be felt harder in the second month: RBI study

The adverse effect of geo-political risks on the stock market, foreign exchange market and the credit spread of emerging economies is more pronounced …

Moody's Cuts India GDP Forecast Amid US Tariff Turmoil Along With Asia-Pacific Economies

Moody's Investors Service has lowered its growth forecast for India's Gross Domestic Product. It is not India alone that has seen the slash in the growth forecast but a downward revision has come through for many Asia-Pacific economies.Moody's highlights the palpable uncertainty in financial markets, evidenced by tumbling and volatile equity markets. The sustained rise in uncertainty is expected to erode household and business sentiment, potenti…