EconomyTaiwan raises GDP growth forecast to 4.45% on strong tech exports
Upgrade comes despite Trump's 20% tariff on island economy's goods
Taiwan's landmark building Taipei 101 at sunset. The island economy's exports are expected to surge thanks to tech demand. © Reuters
August 15, 2025 18:49 JST
TAIPEI (Reuters) -- Taiwan's economy is expected to grow faster in 2025 than previously forecast, the statistics agency said on Friday, as the island continues to reap the benefits of strong demand for tech and artificial intelligence-related products.