The Japan Times<p>U.S. President Donald Trump's fast-moving effort to rewire international trade has left central banks across the globe guessing what the fallout of stagflation in the U.S. might mean for them. <a href="https://www.japantimes.co.jp/business/2025/03/21/economy/trump-trade-foreign-banks-uncertainty/?utm_medium=Social&utm_source=mastodon" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">japantimes.co.jp/business/2025</span><span class="invisible">/03/21/economy/trump-trade-foreign-banks-uncertainty/?utm_medium=Social&utm_source=mastodon</span></a> <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> <a href="https://mastodon.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mastodon.social/tags/us" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>us</span></a> <a href="https://mastodon.social/tags/globaleconomy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>globaleconomy</span></a> <a href="https://mastodon.social/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>donaldtrump</span></a> <a href="https://mastodon.social/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a> <a href="https://mastodon.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://mastodon.social/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a></p>