United States

Japan welcomes U.S.-Mexico tariff deal, predicts higher global growth

Economic world leaders are reacting positively to the deal struck between the U.S. and Mexico to hold off on imposing tariffs. The governor of the Bank of Japan, Haruhiko Kuroda praised the breakthrough in negotiations, while speaking on the sidelines of the G-20 Financial Ministers Summit in Japan Saturday. He explained how in his opinion, the move will help the global economy to recover faster from last year’s downturn, which affected Europe and parts of Asia.