Indiana Chamber: Businesses Suffering From Impact of New China Tariffs

(INDIANAPOLIS) — The Indiana Chamber of Commerce is cautioning that the recent tariff hikes on Chinese goods could lead to devastating effects for the Hoosier business community. The Trump administration has increased an existing 10% tax on many imports to 25%. China has said it will retaliate with its own similar tax increase on $60 billion in U.S. goods. [...]