Businesses that rely on Chinese imports express relief, anxiety over tariff pause
The news about the agreement between the United States and China sent the stock market and the value of the dollar soaring.
Politics & Government
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House GOP reveals Trump’s tax breaks for tips, overtime and car loans
Overall, the package is touching off the biggest political debate over taxes, spending and the nation’s priorities in nearly a decade.
Trump signs order setting 30-day deadline for drugmakers to lower prescription drug costs
The sweeping executive order sets a deadline for drugmakers to lower the cost of prescription drugs in the United States or face new limits over what the government will pay.
Trump promises to order that United States pay same price other nations do for some drugs
The proposal, expected to be announced by President Trump on Monday, will face fierce opposition from the pharmaceutical industry.
Indiana Historical Society to keep its building, land after agreement with governor’s office
The deal follows concerns raised during the 2025 legislative session over proposed budget language that could have stripped the nonprofit of its biggest asset.
Hoosier business executives say to voice tariff concerns, find alternative trade pathways
Representatives from Eli Lilly, Cook Medical and other Hoosier businesses gave advice about tariffs during the Indiana District Export Council’s annual trade and business conference Thursday at Newfields.
U.S. Sen. Todd Young partners on bipartisan bill to jumpstart domestic shipbuilding industry
Young, R-Indiana, and fellow Sen. Mark Kelly, D-Arizona, reintroduced legislation to jumpstart the country’s “rusted” shipbuilding industry and increase onshore ship production that has largely shifted to China.
Indiana crackdown on ‘predatory’ towing to take effect in July
Surveyed commercial carriers logged the most “predatory” towing incidents relative to mileage in Indiana between 2021 and 2023, according to a report by the American Transportation Research Institute.
Trump floats cutting China tariffs to 80% ahead of trade meeting
Top U.S. officials are set to meet with a high-level Chinese delegation in Switzerland in the first major talks between the two nations since Trump sparked a trade war with stiff tariffs on imports.
Tech industry warns investment pledges hinge on research tax break
Major tech companies lobbying to salvage a tax deduction for research and development say they might pull back from high-profile pledges of new U.S. investments if Congress doesn’t fully reinstate the break.
New law will give Indianapolis more pothole-filling funds, with caveats
The legislation challenges Indianapolis to identify matching funds for road improvement projects, something that could be difficult given the potential impact of recent property tax reforms.
States sue Trump administration for blocking funds for electric vehicle charging
The Trump administration’s effort to withdraw funding for electric vehicle chargers is part of a broader push to roll back environmental policies advanced under President Biden.
Indiana bill roundup: Here’s what happened to legislation IBJ followed this session
Gov. Mike Braun signed 243 bills into law during this year, including more than 60 on Tuesday. Here’s a rundown of some of the most significant pieces of legislation that made it through this year’s General Assembly.
Carmel City Council votes to investigate Christkindlmarkt situation
Additionally, councilors proposed an ordinance to give the legislative body more say in the appointments of people to the boards of nonprofit organizations tied to the city. And Mayor Sue Finkam introduced her plan for a new nonprofit umbrella organization.
Trump administration offers to pay $1,000 to migrants who ‘self-deport’
U.S. Immigration and Customs Enforcement said that even with the cost of the stipend, a “self-deportation” would decrease the cost of a deportation by about 70 percent.
Federal Reserve likely to ignore Trump, keep rates unchanged this week
President Trump and Treasury Secretary Scott Bessent have said that inflation has steadily cooled and high borrowing costs are no longer needed to restrain price increases.
Trump swiftly undoing transgender protections in HUD housing policies
With changes to the Equal Access rule and other guidance still unclear, what happens now often depends on where a case is filed.
Trump threatens 100% tariff on foreign-made films
U.S. film and television production in the U.S. was down 26% last year compared with 2021, according to data from ProdPro, which tracks production.
Trump administration asks Supreme Court to let DOGE access Social Security systems
Elon Musk, now preparing to step back from his work with the Department of Government Efficiency, has been focused on Social Security as an alleged hotbed of fraud.
Indiana lawmaker files disciplinary action against state’s attorney general
Indiana Attorney General Todd Rokita’s claims about a sitting lawmaker—that she stopped an immigration bill for “personal reasons”—could land him in more legal hot water.