Catenaa, Monday, April 28, 2025- US Treasury Secretary Scott Bessent said it’s “up to China” to de-escalate trade tension with the US as the Trump administration sends mixed signals on relations with China. Bessent said in an interview with CNBC on Monday it’s “up to China” to de-escalate. “As I’ve repeatedly said, I believe it’s […]

Catenaa, Wednesday, April 16, 2025– China has recorded an unexpectedly 5.4% GDP growth in the first quarter before the US trade tariffs took effect, official data showed on Wednesday. The National Bureau of Statistics (NBS) said, China’s economy grew by 5.4% in the first quarter, beating estimates of 5.1%, continuing the export driven growth seen […]

Catenaa, Monday, May 05, 2025- Short-term debt issued by corporations increased to $100 billion in April as companies sought to boost their liquidity in the wake of economic uncertainty, JP Morgan said. Issuance of non-financial commercial paper swelled by $100 billion last month, which is above the monthly average of $27 billion seen from 2019 […]

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 08, 2025- US announced its first trade deal since the announcement of reciprocal tariffs in April with the UK on Thursday, which looks to cut down on tariffs on cars, steel and aluminum. It’s a “tremendous trade deal for both countries,” Trump said Thursday in the Oval Office. “This is a fantastic, […]