Ordering combative action on foreign trade, President Donald Trump declared Thursday that the United States will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners.
The United States won't settle for cosmetic changes to the North American Free Trade Agreement, the top U.S. trade negotiator said, as negotiations to rework terms of the pact began.
Departing Indiana Attorney General Greg Zoeller wants to persuade the organization to add Indianapolis to its roster of world trade centers, hooking local firms into international business networks and encouraging imports and exports.
Donald Trump’s threats to use taxes as “retribution” against U.S. companies that move jobs overseas are legally dubious, tax specialists say—and they’re prompting resistance from some Republican leaders who fear a coming era of economic protectionism.
Tom Linebarger points to the company’s Seymour plant where 800 employees produce high-speed diesel engines—70 percent of which are exported globally—as a key reason he believes free trade is good for the Hoosier worker.
The deficit rose to $44.5 billion in June, 8.7 percent higher than in May. It was the biggest gap between what America sells abroad and what the country imports since last August.
China matters very much to Indiana’s economy, and its significance will only grow.
U.S. Steel, Nucor are among the companies that say steel imports are sold at unfairly low prices that make it difficult to compete.
Steelmakers including Indiana-based Steel Dynamics Inc. filed a trade complaint alleging that imports of corrosion-resistant metal from China and four other countries are being sold in the U.S. at unfairly low prices.
Hoosier businesses and consumers face a dynamic not seen in a generation—a dollar significantly more muscular than many competing currencies. Experts predict the dollar’s clout and the pros and cons of that power will endure for a year and possibly as long as three.
Ports operated by the state set shipping records last year, according to Ports of Indiana, the quasi-government body that operates ports at Burns Harbor on Lake Michigan, and at Jeffersonville and Mount Vernon on the Ohio River.
U.S. Steel and Steel Dynamics Inc., which have thousands of employees in Indiana, are among steel companies who say they have been unfairly harmed as imports of the products are sold more cheaply than domestic producers can make them.
Gov. Mike Pence will have met with every major Japanese employer in central Indiana by the time he returns Sept. 14 from his first overseas trade mission. Pence is trying to drum up new investment while thanking the companies that have had a presence here for decades.
Indiana logistics firms and their manufacturing clients could gain new export opportunities to China if the country follows through on plans to reduce taxes on imported goods.
The top Republican on the Senate Foreign Relations Committee said President Barack Obama is missing opportunities to strike closer ties with Brazil, allowing China to steal market share from U.S. companies in Latin America’s biggest economy.
Daniels signed the business cooperation agreement Monday with the leader of Zhejiang Province, located on the east coast of China south of Shanghai. The document pledges to develop further business links between Indiana and Zhejiang.
I actually find it astonishing that there are still Americans who devote themselves to opposing free trade on the grounds that it hurts the economy. There is no more easily disproven fiction.
Regulations aimed at stopping invasive species are too stiff.
Zhejiang Province office will be Indiana Economic Development Corp.’s seventh international location.
For years, ethanol fuel derived from corn was almost politically untouchable, thanks to powerful advocates on Capitol Hill.
The ethanol industry has consequently exploded over the last decade, thanks to government subsidies and incentives. But skepticism
about ethanol is rising, prompted by fluctuating food prices and an organized campaign by anti-ethanol advocates to discredit
the industry.
