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.
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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.
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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.
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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.
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Ford sales fell 15.3% in the first nine months of the year compared to the same period last year, according to the European Automobile Manufacturers’ Association. The company’s market share shrank to 3% from 3.5%
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.
It will be Holcomb’s 27th and final international economic development trip as governor, and his first visits to Kuwait and Saudi Arabia.
Indianapolis-based Allison Transmission plans to add 200,000 square feet to its manufacturing facility in Chennai, India, the company announced Thursday, doubling its manufacturing footprint at the site.
Indiana Gov. Eric Holcomb is scheduled to lead a trade delegation to Athens in a trip organized by the Council of State Governments.
Before a panel of three judges at a federal appeals court, attorneys for the two sides—and content creators—were pressed on their best arguments for and against the law that forces the two companies to break ties by mid-January or lose one of their biggest markets in the world.
Importers mainly from China have used the de minimis exemption for shipments of $800 or less to flood the U.S. market.
With Ukrainian President Volodymyr Zelenskyy watching, Indiana Gov. Eric Holcomb signed a memorandum of understanding to grow a relationship focused on academia, agriculture and economic development.
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.
After spending the last week on a trade trip in Australia and Singapore, Indiana Gov. Eric Holcomb told reporters he plans to “maximize” his final months in office.
Indiana last year became the first to enact a law requiring the state’s public pension system to gradually divest from certain Chinese companies.
The race to score blockbuster weight-loss drugs like Eli Lilly’s Mounjaro and Zepbound is pushing one of the world’s largest population of people with obesity to creative lengths.
The justices, by a 7-2 vote, left in place a provision of a 2017 tax law that is expected to generate $340 billion, mainly from the foreign subsidiaries of domestic corporations that parked money abroad to shield it from U.S. taxes.
If the guidance is confirmed, Mounjaro will challenge the dominance of Novo’s Wegovy in the United Kingdom.
Far-off dignitaries and business leaders will gather in Indianapolis this week for the state’s second Global Economic Summit, which begins Thursday.
The pharmaceutical weight-loss market is predicted to reach at least $100 billion by 2030, according to Goldman Sachs.
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.
Founded in China but now headquartered in Singapore, low-cost online retailer Shein has major distribution operations in Indiana.
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.
Indiana’s delegation will focus on building relationships in agriculture and biosciences.
