President Donald Trump’s decision to drop plans for new tariffs on Mexico is rare good news for a world economy that’s being buffeted by escalating US-China trade tensions.
Central bank chiefs and finance ministers gathered in Fukuoka, Japan, for meetings of the Group of 20 were quick to welcome Trump’s move, describing it as a clear removal of one of the biggest worries facing companies and investors.
"It’s good that the 5% tariffs won’t now be imposed, and that’s not just good for the US and Mexico, it’s also beneficial for the global economy, "Bank of Japan Governor Haruhiko Kuroda told reporters.
Indonesia