Trump team, China resume uphill effort to end trade rift
The U.S. and China opened a ninth round of talks Wednesday with optimism that the parties would narrow the areas of disagreement further this week.
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Trump says tariffs will stay until China complies with deal
The president’s comments dim hopes that round-the-clock trade negotiations between the world’s two biggest economies could lead to them removing the roughly $360 billion in tariffs they’ve imposed on each other’s imports.
Indiana-based Berry bests Apollo with $4.4B deal to form plastics giant
Berry Global Group CEO Tom Salmon, already coming off a string of acquisitions, is making the company’s biggest purchase amid a rapidly consolidating market for plastic packaging.
Holcomb to lead trade mission to France, Belgium, Germany
Holcomb will be accompanied by Indiana Secretary of Commerce Jim Schellinger, Indiana Economic Development Corp. directors John Thompson and Mark Neal and IEDC staff.
Trump extends China tariff deadline, cites progress in talks
U.S. and Chinese negotiators met through the weekend as they seek to resolve a trade war that's rattled financial markets.
Many steel tariffs waived even with tough trade talk
Hundreds of companies have received permission to import millions of tons of steel without paying tariffs. Two subsidiaries of Japanese companies, both in the suburbs of Indianapolis, had vastly different experiences with the waiver requests.
Big business plans all-out blitz on Washington to end trade war
A coalition of more than 200 trade associations spanning agriculture, manufacturing, retail, technology, oil and even liquor will begin a new two-pronged attack next week to try to end the policies they see as damaging.
Trump casts doubt on U.S.-China trade deal hopes
President Donald Trump also said a final deal probably won't be finalized until he and Chinese President Xi Jinping meet again. Trump did not say when such a meeting would happen.
U.S. says China willing to buy more American as trade talks end
China and the United States concluded three days of talks Wednesday with a cautious sense of optimism that the world’s two biggest economies might be able to reach a deal that ends their bruising trade war.
U.S. sees trade deal within reach as China dispatches top aide
The Trump administration expressed optimism it can reach a “reasonable” trade deal with China as negotiations began in Beijing.
China upbeat ahead of U.S. trade talks despite differences
China sounded a positive note ahead of talks with U.S. trade officials this week on a sprawling trade dispute, but the two sides face lengthy wrangling over technology and their future relationship.
Slowing economies could prod U.S., China to reach trade deal
The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness.
China says plans made for U.S. trade talks in January
Presidents Donald Trump and Xi Jinping agreed Dec. 1 to postpone more tariff hikes for 90 days while their governments negotiate over U.S. complaints that Beijing steals or pressures foreign companies to hand over technology.
FedEx shares plunge as gloomier forecast sows doubts on economy
The courier has cut its financial outlook just three months after raising it, reflecting an abrupt change in FedEx’s view of the global economy.
U.S. farmers see China’s return to soybean market as ‘drop in the bucket’
China’s return to the U.S. soybean market this week comes too little, too late for many farming families to put more Christmas presents under the tree this year.
Christmas tree farmers combat popularity of artificial trees
Between 75 percent and 80 percent of Americans who have a Christmas tree now have an artificial one, and the $1 billion market for fake trees is growing at about 4 percent a year.
U.S.-China trade truce expected to boost stock market
The U.S. was set to raise tariffs on $200 billion in Chinese goods on Jan. 1 until President Donald Trump agreed Saturday with Chinese Leader Xi Jinping to hold off for 90 days while the two sides try to settle their differences.
Trump joins leaders of Canada, Mexico to sign new trade pact
The U.S.-Mexico-Canada Agreement is meant to replace the 24-year-old North American Free Trade Agreement, which Trump has long denigrated as a “disaster.”
Rising fear among Asians leads Eli Lilly to rethink employee groups
New employees at Eli Lilly and Co. get a letter encouraging them to join one of the pharmaceutical firm’s affinity groups. There’s one for African Americans, one for Latino employees—and four for Asians.
Pence’s sharp China attacks fuel fears of cold war dividing Asia
Vice President Mike Pence said the U.S. wasn’t in a rush to end the trade war and would “not change course until China changes its ways”—a worrying prospect for a region heavily reliant on exports.