Biden hiking tariffs on Chinese EVs, solar cells, steel, aluminum
Officials say the tariffs will help thwart China’s efforts to dominate the market for emerging technologies in ways that pose risks to U.S. national security and economic stability.
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Online retailer Shein latest to face strict European Union digital regulations
Founded in China but now headquartered in Singapore, low-cost online retailer Shein has major distribution operations in Indiana.
U.S. solar companies, imperiled by price collapse, demand protection
Several of the biggest American solar manufacturing companies say in a petition filed with the Commerce Department that firms in four Asian countries are illegally flooding the U.S. market with Chinese-subsidized panels.
Bill forcing TikTok parent to sell or face ban heads to Biden for signature
The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and Israel. President Joe Biden said he will sign it Wednesday.
Holcomb to lead six-day trade trip to Brazil, Mexico
Indiana’s delegation will focus on building relationships in agriculture and biosciences.
Chinese hackers accused of state-backed operation against U.S. politicians, companies
Targets included officials at the White House and multiple government agencies, including the Treasury and Commerce departments, senators from both parties, the spouse of a senior Justice Department official, political strategists, and political figures from around the world who were critical of the Chinese government.
NFL grants Colts marketing rights for Germany, Austria
The territories are the first international markets for Indianapolis since the league began its Global Markets Program in 2022.
Indiana bans sister-city agreements with ‘foreign adversaries’
Hoosier municipalities hold 19 sister-city agreements with Chinese counterparts, two with Russian cities and one with a Cuban city, according to a list maintained by the Indiana chapter of Sister Cities International.
U.S. House passes bill that would lead to TikTok ban if Chinese owner doesn’t sell
By targeting TikTok, lawmakers are singling out a platform popular with millions of people, many of whom skew younger, just months before an election.
Indiana to promote state’s EV industry in trade trip to South Korea
Part of the trip will involve showcasing the state’s growing electric vehicle industry at InterBattery 2024, South Korea’s leading battery exhibition, which is expected to draw about 75,000 attendees and 500 businesses.
Carmel ends membership with organization that sponsored China tour
However, the Hamilton County community will maintain its long-term sister-city relationship with a Chinese city.
Banks calls on Carmel to withdraw from Chinese sister-city agreement
The rebuke from U.S. Rep. Jim Banks came after a Washington Post report that former Carmel Mayor Jim Brainard had traveled to China before he left office last year. Banks warned that sister-city agreements can unduly influence U.S. cities to support problematic Chinese policies.
Tired of hostile Washington, China courts Indiana and Minnesota
Chinese officials are seizing on opportunities to forge ties with mayors and other local American leaders, the kinds of connections that give Beijing leverage against an increasingly hostile government in Washington.
Governor leading trade delegation to Canada
During the trip, the delegation will will meet with provincial officials, including Premier of Ontario Doug Ford as well as visit the Darlington Nuclear Generating Station.
Proposed rules aimed at curbing China could make it harder to get full EV tax credit
Plans outlined by the departments of Treasury and Energy would limit electric vehicle buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States.
Andretti Global clears first hurdle to join Formula One
Indianapolis-based Andretti Global and partner Cadillac must still prove their commercial value to F1 rights holder Liberty Media and the existing teams, which vehemently oppose expanding the 20-car grid.
China restrictions issued on companies getting chip funds
It’s the last regulatory hurdle before the Commerce Department hands out more than $100 billion worth of federal aid intended to boost domestic chipmaking while containing China’s technological advancement.
Holcomb to lead economic development trip to Japan
The trip will mark Gov. Eric Holcomb’s third visit to Japan and 16th international trip as Indiana governor.
Biden issues order restricting U.S. investments in Chinese technology
Senior administration officials said the effort stemmed from national security goals rather than economic interests, and that the categories it covered were intentionally narrow in scope.
IEDC opens South Korea office as East Asian nation expands presence in Indiana
The news comes less than a month after South Korea-based Samsung SDI chose Indiana for the location of a projected $3 billion electric vehicle battery cell plant.