Catenaa, Monday, April 19, 2025- US Treasury Secretary Scott Bessent warned its trading partners on Sunday that tariff rates will go back to April 2 levels if trade deals are not made with the US during the 90-day pause. “President Trump has put them on notice that if you do not negotiate in good faith, […]

Catenaa, Friday, May 09, 2025- US President Donald Trump on Friday said that cutting tariffs on China to 80% “seems right” ahead of a meeting with Beijing over the weekend. “80% Tariff on China seems right! Up to Scott B,” Trump wrote on his social media account on Friday morning, referring to Scott Bessent, his […]

Catenaa, Wednesday, April 23, 2025- US Treasury Secretary Scott Bessent said on Wednesday that Trump administration is not considering slashing steep tariffs on Chinese imports to de-escalate the trade war. Bessent told reporters that high duties imposed by both sides need to come down mutually before talks can begin between the two economies. “Neither side […]

Catenaa, Thursday, May 15, 2025- Walmart said that price hikes will have to come despite lowered China tariffs, the retailer said on Thursday, as it won’t be able to absorb all the price pressures. “We will do our best to keep our prices as low as possible but given the magnitude of the tariffs, even […]