"What Trump might mean for the U.S. and world economies has preoccupied central bankers, investors and analysts since the new president took office promising a virtual revolution in the way the United States relates to the rest of the world.
Though much about Trump's policies remain unformed as the administration approaches the 100-day mark, the more extreme risks - such as a trade war or a budget-busting fiscal program that unhinges inflation - seem to have receded.
"My belief is that a multilateral framework promoting free trade will continue. There won't be huge changes to that," Bank of Japan Governor Haruhiko Kuroda told reporters on Thursday.
In remarks on Thursday, [U.S. Treasury Secretary Steven] Mnuchin said tax reform remained a priority as are other steps to boost U.S. growth. But he said the hope for faster growth would mean a stronger world economy, and that it was constructive to coordinate policies through international organizations like the Group of 20.
"This administration is willing to reach out and get ideas from the outside," Mnuchin told top-level bankers at a conference organized in parallel with the IMF meeting."
https://ca.news.yahoo.com/global-finance-leaders-more-temperate-trump-washington-000106837--business.html
Though much about Trump's policies remain unformed as the administration approaches the 100-day mark, the more extreme risks - such as a trade war or a budget-busting fiscal program that unhinges inflation - seem to have receded.
"My belief is that a multilateral framework promoting free trade will continue. There won't be huge changes to that," Bank of Japan Governor Haruhiko Kuroda told reporters on Thursday.
In remarks on Thursday, [U.S. Treasury Secretary Steven] Mnuchin said tax reform remained a priority as are other steps to boost U.S. growth. But he said the hope for faster growth would mean a stronger world economy, and that it was constructive to coordinate policies through international organizations like the Group of 20.
"This administration is willing to reach out and get ideas from the outside," Mnuchin told top-level bankers at a conference organized in parallel with the IMF meeting."
https://ca.news.yahoo.com/global-finance-leaders-more-temperate-trump-washington-000106837--business.html