The central bank has pointed out that the tariffs imposed by the United States of America will have some impact on Jamaica’s Gross Domestic Product (GDP) growth.

The Bank of Jamaica (BOJ) noted that there continues to be some uncertainty about the rapidly evolving policies in the USA and the global economy.

These issues have implications for the domestic economic outlook.

BOJ Governor Richard Byles said the first-round impact of the increase in USA tariffs on prices in Jamaica will not be significant.

Mr. Byles said the economy is projected to grow moderately over the near term.