“Trade deals have stabilized expectations, which should provide support to export growth,” AMRO’s chief economist, Dong He, said during a news conference. “The global economy has held up well despite the headwinds associated with trade policy uncertainty.”
Economic growth across Asia is set to come in stronger than expected this year and next, according to a regional research group, as local demand and a rush to get ahead of tariffs boosted activity.
The region is likely to grow 4.1% this year and 3.8% in 2026, according to a report published Thursday by the ASEAN+3 Macroeconomic Research Office, or AMRO. That compares with July estimates for 3.8% and 3.6%, respectively, and a 4.3% pace of growth last year.
