Region bearing the brunt of U.S. ‘reciprocal’ tariffs, according to six-monthly outlook

20250929 Port in Asia

Containers at a Thai port. According to the latest Asian Development Bank report, Thailand will only see 2% economic growth in 2026. © Reuters

RAMON ROYANDOYAN

September 30, 2025 09:00 JST

MANILA — Economic growth across developing Asia will be a little slower this year and next than previously thought as the region bears the brunt of the disruption triggered by “reciprocal” U.S. tariffs on all countries, according to the Asian Development Bank’s latest outlook for the region.