trade war

The U.S. Department of Agriculture released updated numbers Monday showing farmers planted more acres this spring than many private analysts expected. That’s one of several factors driving market prices lower for many farmers’ crops.

The latest escalation in the trade war with China is driving uncertainty for many Indiana businesses. One Indiana trade group is working to help companies find some stability in new markets.

In a recent survey, most Indiana farmers say the Trump administration's trade policy is putting their operations in “jeopardy.”

Indiana businesses are concerned the escalated trade war between the United States and China will hurt their financial future.

Farmers' Economic Optimism Drops In Latest Survey

May 14, 2019

Farmers' confidence in the economy tumbled last month, according to the latest Ag Economy Barometer reading. The April survey had the fourth largest sentiment index drop since it began in 2015.

(wuestenigel/Flickr)
Samantha Horton

Retailers say that they can’t absorb the extra costs from the Trump administration’s increased tariffs on billions of dollars in Chinese imports. Now consumers can expect to see price increases when shopping.

Indiana corn growers hope a deal on sugar trade between the U.S. and Mexico will protect their stake in the high-fructose corn syrup industry.

Mexico could slap new tariffs on imports of the syrup if the deal isn’t finalized, and the effects of that tariff could trickle down to farmers.

About a third of all high-fructose corn syrup produced in the U.S. goes to Mexico, and it includes a lot of Hoosier corn. As much as 5-10 percent of Indiana’s corn crop goes to factories that produce the syrup, such as Tate & Lyle in Lafayette.

Stan Jastrzebski / WBAA News

In his state of the city address this week, Lafayette Mayor Tony Roswarski touted reductions in many different categories of crime.

But publicly available data created by the Lafayette Police Department doesn’t seem to jibe with the mayor’s announced statistics.

This week on WBAA’s Ask The Mayor, we ask him to explain how his numbers are so different from the ones the public can see.


A new report says some Indiana cities could be among the most impacted in the country by a potential trade war.

The Brookings Institution says Columbus is just more than 50 percent dependent on exports – more than any other metro area in the country. Elkhart, Kokomo and Lafayette are also in the top 10.

Threat Of Trade War Could Impact Indiana Industries

Dec 20, 2016

 

President-elect Donald Trump is doubling down on his criticisms of U.S. trade relationships with China and Mexico, which has some wondering if a trade war is in the works.

Purdue University economist Larry DeBoer says the hallmark of a trade war is retaliation.

For example, higher U.S. taxes on Chinese steel imports could make China chooser to buy fewer American products, including those from Indiana, like soybeans or engine parts.

But DeBoer says even threat of a trade war is already affecting Hoosiers.