MONGOLIA, July 2025: Growth and the Impact of the Trump Tariffs
“…as PRS also pointed out last year, the tripartite coalition, and the small and extremely weak opposition was considered a risk for both political stability and bringing the government to account. This ultimately resulted in a popular youth movement venting its frustrations on the streets.”
“…the economy is expected to fare well, with real terms GDP growth accelerating from 4.9% in 2024, to perhaps 5%, or even 6% in 2025. There is very little direct impact expected from the US Trump administration’s reciprocal tariffs policy, as Mongolia exports very little (less than 1% of its total shipments) to the US. The dependence on China presents some risk, though, should that impede demand, or have indirect supply chain effects.”
From our Country Reports and Economic Forecasts (CREF) on Mongolia. In addition to three probability scenarios for regime-types over 18-month and five-year periods, eleven types of government intervention that could prove injurious to investors and business, there is data galore. Have a look when time permits.
The PRS Group
www.PRSGroup.com
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