US Tariffs, China Slowdown Cloud Developing Asia's Growth Outlook, Says ADB

ECONOMIC GROWTH - MANILA. The full implementation of U.S. 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 said on Wednesday. 

In its Asian Development Outlook report, the ADB projected that growth in developing Asia will ease slightly to 4.9% in 2025, the slowest pace since 2022 and slow further to 4.7% in 2026, from 5.0% in 2024.