Trump delays imposing tariffs on auto imports, parts
The White House said Friday that President Trump is delaying for six months any decision to slap import taxes on foreign cars, a move that would hit Europe and Japan especially hard.
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Indiana Chamber president says Trump is ‘gambling with other people’s money’ in trade war
Last week, President Donald Trump announced plans to increase tariffs from 10% to 25% on $200 billion worth of Chinese imports that include a wide variety of products like aluminum and steel, frozen fish and meat and wood.
Trump says tariffs will stay until China complies with deal
The president’s comments dim hopes that round-the-clock trade negotiations between the world’s two biggest economies could lead to them removing the roughly $360 billion in tariffs they’ve imposed on each other’s imports.
U.S.-China trade talks end with no breakthrough
U.S. and Chinese negotiators ended two days of meetings Thursday without breaking a deadlock over trade that has unnerved financial markets and disrupted global commerce.
Braun owns auto-parts brand that sells foreign parts
Senate candidate Mike Braun has downplayed his company’s use of foreign-made goods, but his parts brand, Promaxx Automotive, includes products that were manufactured abroad, according to a review by The Associated Press.
Trump going ahead with taxes on $16B in Chinese imports
Customs officials will begin collecting the border tax Aug. 23, the Office of the U.S. Trade Representative said. The list is heavy on industrial products such as steam turbines and iron girders.
U.S. Senate calls for more say on tariffs in bipartisan vote
Lawmakers went on record Wednesday to express their frustration with the Trump administration's growing use of tariffs as the Senate passed a nonbinding resolution designed to give Congress more say about trade penalties.
U.S.-China trade war elevates risks to global economy
The opening shots were fired when the Trump administration imposed a 25 percent tariff on $34 billion of imports from China, and Beijing promptly retaliated with duties on an equal amount of American products.
Ball State economist says tariffs will hurt Indiana’s economy
Economist Michael Hicks says tariffs proposed by the Trump administration could result in job losses and GDP reductions starting this year.
Nations hitting back against U.S. tariffs in trade fight
The European Union is set Friday to slap tariffs on $3.4 billion in American products. India and Turkey have already targeted products ranging from rice to autos to sunscreen. And a showdown with China still looms.
China says U.S. swinging ‘big stick’ of unfair trade tactics
President Trump has ordered tariffs on $50 billion in Chinese goods in response to Beijing’s forced transfer of U.S. technology and alleged intellectual property theft, and threatened to impose duties on $400 billion more.
Possible trade war looms as Trump slaps tariffs on Chinese imports
In announcing the tariffs, President Donald Trump said he was fulfilling a campaign pledge to crack down on what he contends are China’s unfair trade practices and its efforts to undermine U.S. technology and intellectual property.
Trump launches probe into auto imports, possible tariffs
The Trump administration on Wednesday launched an investigation into whether tariffs are needed on the imports of automobiles into the United States, moving swiftly as talks over the North American Free Trade Agreement have stalled.
Record exports cut U.S. trade deficit to $49 billion
Exports rose in March to a record $208.5 billion, led by shipments of civilian aircraft and soybeans. Imports slipped 1.8 percent, to $257.5 billion.
Trade tensions put Indiana farmers and manufacturers in crosshairs
As the United States and China face off over tariffs and trade policy, some of Indiana’s most important industries are right at the center of the dispute.
Trump proposes new tariffs on $100B in Chinese goods
President Trump’s surprise move came a day after Beijing announced plans to tax $50 billion in American products, including soybeans and small aircraft, in response to a U.S. move this week to slap tariffs on $50 billion in Chinese imports.
U.S. trade gap increases to widest mark in nearly 10 years
The trade gap has continued to rise since Trump entered the White House partly because the U.S. economy is strong and American consumers have an appetite for imported products and the financial wherewithal to buy them.
Holcomb traveling to Canada for three-day trade mission
The Indiana Economic Development Corp. announced Monday afternoon that Holcomb will spend Monday through Wednesday in Canada to promote investment in the state.
Trump’s trade tariffs to spare Mexico, Canada, possibly others
Unswayed by Republican warnings of a trade war, President Donald Trump ordered steep new tariffs on steel and aluminum imports to the U.S. on Thursday, vowing to fight back against an "assault on our country" by foreign competitors.
White House: No exemptions from steel, aluminum tariffs
President Donald Trump's administration appears unbowed by broad domestic and international criticism of his planned import tariffs on steel and aluminum, saying the president is not planning on exempting any countries from the stiff duties.