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Monday, July 14, 2025Potential New Tariff Rates for Canada, Mexico, the EU and Copper Products
Last week, the Trump administration sent letters to some of the country’s largest trading partners threatening to impose new tariff rates unless agreements were reached before Aug. 1. While the rates for each country vary, the basic content of each letter was the same – make satisfactory trade concessions to the U.S. or see an increase in import taxes. These latest communications are, in essence, a delay of President Donald Trump’s prior threat to fully impose the “reciprocal tariffs” set to take effect
Thursday, July 10, 2025Reconciliation Bill to Cut Taxes and Increase Deficit in 2026
The “One Big Beautiful Bill Act” will help U.S. growth regain traction in 2026 as new tax cuts come into effect. The bill extends or makes permanent some “temporary” tax cuts passed in 2017; reinstates capex incentives like bonus depreciation; reduces taxes on individual incomes, tips, overtime, and inheritances; and increased tax deductions for SALT taxes and car loan interest. These are partially funded by higher tariffs; cuts to Medicaid, SNAP, Obamacare, and student loan programs; earlier phaseouts of
Wednesday, July 09, 2025Find Your Small Business Support Hub
There are 27 Support Hubs across the state that help entrepreneurs navigate Michigan’s small business ecosystem and gain awareness of federal, state and local resources. These efforts include comprehensive programming and direct support to small businesses, whether it’s helping develop a business plan to secure funding, growing a customer base and industry connections, or hiring and managing employees.Small Business Support Hub search
Friday, June 20, 2025Ford Launches New Philanthropic Effort to Help Nonprofits
Ford Motor Company launched a new philanthropic initiative company officials said will meet the “rapidly evolving” needs of local communities in an effort they say continues a 122-year effort to stand with communities through good and bad times. In a statement posted to the company’s website, officials announced “Ford Building Together,” which increases volunteer hours and provides some $7 million in grants to nonprofits from its philanthropic arm. “Across the country, we hear from our Ford dealers,
