ADB cuts growth forecast for Malaysia, India, South Korea on tariffs

Lender's flagship report keeps China's projection unchanged at 4.7% for 2025

20250721 Thai port

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.

RAMON ROYANDOYAN

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.

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