"The U.S. economy will grow well next year...Tariffs will be imposed around Q3"

Next year, the U.S. economy will not be at the level of "alone growth" as much as this year, but it is predicted that it will continue to grow well.

The Bank of Korea's New York office said 83 U.S. investment banks forecast the U.S. economy to grow 2.1 percent next year, with consumption and investment maintaining a relatively solid trend.

In particular, thanks to stable population growth and improved labor productivity, the labor and wage markets are expected to be stable even if Trump expels illegal immigrants.

In addition, although Trump has declared a strong tariff policy, it is highly negotiated and even if it is actually imposed, it is expected to be implemented in the third and fourth quarters of next year at the earliest.

The Bank of Korea's New York office analyzed that the Trump administration's policy changes next year are increasing uncertainties in the U.S. economic growth outlook next year as it is difficult to predict when they will take effect and their net effects.