Trump made many tariff threats in 2025, but some never materialized
Some of Trump’s unrealized threats reflect a broader approach from a president with a track record of using sky-high levies to pressure other countries into new trade deals.
International Business
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Tariffs to set up US materials stocks for best earnings in 5 years
Materials stocks—a group of companies ranging from steelmaker Nucor Corp. and paint maker Sherwin-Williams Co. to packaging manufacturers including Smurfit WestRock Plc and Ball Corp.—are set to see earnings rise 20% in 2026.
Canada, United States to launch formal talks to review their trade agreement
The United States-Mexico-Canada trade pact, or USMCA, is up for review in 2026. U.S. President Donald Trump negotiated the deal in his first term and included a clause to possibly renegotiate the deal in 2026.
Canada eyes H-1B workers, top global talent as US limits immigration
Canada for years has suffered from a “brain drain” of top talent to its larger neighbor—a trend it hopes to reverse with what it described in the statement as “one of the largest recruitment programs of its kind globally.”
Trump to unveil $12B aid package for farmers hit hard by trade war
The aid comes amid rising frustration among farmers on the slow pace of Chinese purchases, which Beijing clamped down on earlier this year in retaliation for Trump’s escalating tariff barrage.
Companies seek refunds from tariffs as Supreme Court decision looms
At issue in the pair of combined cases before the Supreme Court is whether the president exceeded his authority by relying on a 1977 law to impose the tariffs.
Costco sues Trump administration over tariffs, seeks full refund
Costco joins dozens of other companies including motorcycle manufacturer Kawasaki and canned foods maker Bumble Bee that have filed suits seeking tariff refunds.
UK and US agree zero-tariff deal on pharmaceuticals
The Trump administration said that in return, U.K. drugs firms committed to invest more in the U.S. and create more jobs.
Foreign enrollment at US colleges holds steady overall
Some universities are seeing backslides that have punched big holes in tuition revenue, but overall the falloff is less severe than some industry groups had forecast.
Congressional report cites Purdue in push for tighter limits on Chinese students
A congressional report uses Purdue University as a case study to argue for tighter limits on Chinese students and academic partnerships, even as it praises the school’s research security policies.
NFL teams flock to Berlin as league eyes more games in Germany
Berlin will be the third German city to host a regular-season game when the Indianapolis Colts and Atlanta Falcons square off Sunday at Olympiastadion.
Eli Lilly to build $3B manufacturing site in Netherlands
The facility is expected to produce oral medications, including Lilly’s highly anticipated GLP-1 pill for weight loss, orforglipron.
American farmers welcome China’s promise to buy soybeans, but the deal doesn’t solve everything
The Chinese promise to buy at least 25 million metric tons of soybeans annually for next three years will bring their purchases back in line with where they were before President Donald Trump launched his trade war with China in the spring.
Trump cuts tariffs on China after meeting Xi in South Korea
President Donald Trump described his face-to-face meeting with Chinese leader Xi Jinping on Thursday as a roaring success.
White House says deal to put TikTok under US ownership could be finalized Thursday
If it happens, the deal would mark the end of months of uncertainty about the fate of the popular video-sharing platform in the United States.
Customs office planned at Indianapolis Executive Airport in Zionsville
Having a U.S. Customs and Border Protection office would allow international flights to land at the airport, which has a 7,001-foot runway and is the fifth-busiest non-towered general aviation airport for business traffic in the United States.
US, China say trade deal drawing closer as Trump, Xi prepare for high-stakes meeting
China’s top trade negotiator told reporters the two sides had reached a “preliminary consensus,” while Trump’s treasury secretary said there was “a very successful framework.”
US inflation stays elevated but prices rose less than feared last month
The data for Friday’s report was gathered before Oct. 1, but price data for October isn’t being gathered due to the government shutdown, and the Trump administration suggested Friday that an inflation report won’t be released next month.
Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes
Patrick De Haan, head of petroleum analysis for GasBuddy, said while it was difficult to predict with certainty, consumers could see a bump in prices as early as next week, if not sooner.
Hoosier ag leaders caution against Trump’s proposal to import beef from Argentina
Voices across Indiana’s beef cattle industry raised concerns including an existing trade deficit between the U.S. and Argentina, disruptions in the market and the quality of the imported beef.