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China counters with tariffs on U.S. products, will also investigate Google
China announced retaliatory tariffs on select American imports just minutes after a sweeping levy on Chinese products imposed by U.S. President Donald Trump took effect.
Trump agrees to pause tariffs on Canada, too
The decision came just hours after a similar agreement with Mexico.
Trump says Americans could feel ‘some pain’ from tariffs as he threatens more import taxes
President Trump on Sunday night returned from Florida and threatened to impose steeper tariffs elsewhere, telling reporters that the import taxes will “definitely happen” with the European Union and possibly with the United Kingdom as well.
From avocados to autos, Trump tariffs on Canada and Mexico could hit close to home
The United States now does far more business–exports and imports alike–with both Canada and Mexico than it does with China.
Bill to create Indiana-Ireland trade commission advanced by House committee
Through House Bill 1489, the state would establish a trade commission with Ireland to strengthen its business relationship with the country and exchange ideas on policy, economic development and infrastructure.
Manufacturers weigh potential impact of Trump tariffs promise
Incoming President Donald Trump’s pledge to impose tariffs on goods from Canada and Mexico has caught the attention of Indiana companies, which stand to experience a significant impact if new or expanded tariffs are imposed.
FTC sues largest wine and spirits distributor, saying it discriminates against smaller stores
Southern Glazer’s Wine and Spirits distributes one out of every three bottles of wine and spirits in the U.S. and serves commercial customers such as Total Wine, Costco and Kroger.
Congressional panel urges toughening U.S.-China trade relationship
In its annual report to Congress released Tuesday, the U.S.-China Economic and Security Review Commission called for the first time for ending permanent normal trade relations with Beijing.
Holcomb heading to Greece on latest trade trip
Indiana Gov. Eric Holcomb is scheduled to lead a trade delegation to Athens in a trip organized by the Council of State Governments.
Holcomb, Zelenskyy to meet, talk partnership in Ukraine
Indiana Gov. Eric Holcomb is set to become the first U.S. governor to travel to the country since Russia’s invasion more than two years ago.
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.
Holcomb administration seeks new crop markets, partners on ag trade mission
IBJ talked with State Agriculture Director Don Lamb about the trade mission to Brazil, the importance of agriculture trade missions and Indiana’s import/export relationships.
Holcomb to lead six-day trade trip to Brazil, Mexico
Indiana’s delegation will focus on building relationships in agriculture and biosciences.
TurboTax maker Intuit barred from advertising ‘free’ tax services without disclosing who’s eligible
The Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could file their taxes for free using TurboTax even though many people did not qualify for such free offerings.
Russia halts wartime deal allowing Ukraine to ship grain in blow to global food security
The Kremlin says Russia will suspend the Black Sea Grain Initiative until its demands to get its own food and fertilizer to the world are met.
Biden expected to tighten rules on U.S. investment in China
The expected action is the latest effort by the White House to target China’s military and technology sectors at a time of increasingly fraught relations between the world’s two biggest economies.
Small retailers could seek fighting chance under Roosevelt-era antitrust law
For years, Robinson-Patman was a mainstay of FTC enforcement. But the law fell out of favor as antitrust experts focused on consumer prices, arguing that retailer discounts would likely be passed on to consumers.
U.S. businesses propose hiding trade data used to trace abuse
A group of major U.S. businesses wants the government to hide key import data—a move trade experts say would make it more difficult for Americans to link the products they buy to labor abuse overseas.
Going strong: U.S. dollar gained value against key currencies in past year
When the dollar is strong, a U.S.-based company that sells products overseas earns fewer dollars. On the flip side, the cost of imported goods and foreign expenses are lower.