Global economy takes Trump guessing-game in stride.

 Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric but more cautious on action – for now.

Trump had hinted at sweeping trade barriers from the very beginning of his term. But instead his first week in office focused on his domestic agenda and left the global trade landscape little changed.

The threat of sweeping tariffs, a central plank of his campaign promises, had raised concerns of a resurgence in inflation.

Although Trump has warned he may impose a 25% levy on imports from Canada and Mexico from Feb. 1, the restraint so far has allowed cautious confidence in the global outlook.

After threatening China with tariffs of up to 60%, Trump even said he could cut a deal with Beijing after a conversation with Chinese President Xi Jinping he described in glowing tones.

Source: FINANCE.YAHOO