Taiwan-US Trade Deal Seen Boosting Growth, Weighing on Currency

Barclays Plc raised its forecast for Taiwan’s growth after the Asian tech powerhouse reached a trade deal with the US, though the bank joined other forecasters in seeing some downward pressure on the currency over the medium-term.

Barclays raised its estimate for Taiwan’s 2026 economic growth to 3.9% from 1.9%, the UK-based bank said in a report Monday. That’s more optimistic than the 3.67% forecast from Taiwan’s central bank in December. Barclays also no longer expects any monetary easing this year.