AI demand boosts outlook, while tariffs threaten traditional industries

Economy expanded 8.01% during second quarter

Demand for AI products and cars will be strong in second half of 2025

Strong demand for AI products favors Taiwan

Growth level depends on US tariffs, exchange rates

Businesses bring forward orders ahead of US tariffs

Forecast downgraded as manufacturers front-load orders to avoid US tariffs

Minister advises businesses to invest in India and Turkey

Statistics minister tells legislature growth will be supported by AI and technology sector

Statistics department says high base level last year and budget cuts caused decline