U.S. Senate confirms financier Howard Lutnick as commerce secretary
At his confirmation hearing last month, Lutnick dismissed as “nonsense” the idea that tariffs contribute to inflation.
trade
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IBJ Podcast: The risks tariffs pose to Indiana’s manufacturing-heavy economy
President Trump wasted little time turning to economic policy once his second term began, imposing or threatening to impose a barrage of tariffs on many of Indiana’s trading partners.
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Q&A with entrepreneur Brian Schutt on tariffs: ‘It’s just math’
“I don’t think there’s going to be a company immune to the rising tide of costs.”
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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.
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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.
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UPDATE: Trump signs plan for reciprocal tariffs on U.S. trading partners
President Donald Trump’s plan increases U.S. tariffs to match the tax rates that other countries charge on imports, possibly triggering a broader economic confrontation with allies and rivals alike.
Trump readies matching tariffs on trade partners, possibly setting up major economic showdown
President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match the tax rates charged by other countries.
Chinese tariffs to take effect, ratcheting up trade war with U.S.
While the leaders of Canada and Mexico managed to strike political deals to delay the implementation of the tariffs Trump had slapped on their products, China has not struck such a deal.
Trump says he will announce 25% steel and aluminum tariffs
President Trump also reaffirmed that he would announce “reciprocal tariffs”—meaning that the U.S. would impose import duties on products in cases where another country has levied duties on U.S. goods.
Survey: Tell us how your company will be affected by tariffs
IBJ wants to hear your thoughts about tariffs, how President Donald Trump’s proposals are impacting your organization and your story ideas related to trade.
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.
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.