Trade Impasse Has World’s Central Banks Priming Their Engines

As central banks show increasing alarm about the world economy and a willingness to increase stimulus, finance ministers from the Group of 20 nations made little progress in curing the main threat of deepening trade tensions.

Talks in the port city of Fukuoka, Japan, opened with some rare good news as President Donald Trump reversed his plans to hit Mexico with tariffs. But the U.S.-China impasse showed no signs of easing, which officials recognized in their concluding statement by noting that trade tensions have "intensified."