MANILA -- The Asian Development Bank has cut this year's growth projections across economies in the region, citing headwinds spurred by U.S. President Donald Trump's tariff policy.
Lender's flagship report keeps China's projection unchanged at 4.7% for 2025
A port in Bangkok. The Asian Development Bank has lowered its growth forecast for Thailand to 1.8% from the previous 2.8% due to higher U.S. trade tariffs.
MANILA -- The Asian Development Bank has cut this year's growth projections across economies in the region, citing headwinds spurred by U.S. President Donald Trump's tariff policy.