Prime Minister Mark Carney said in his victory speech that Canada’s relationship with America ‘is over,’ exacerbating concerns among Maine officials and businesses about the impacts a widening international divide will have on the state’s economy.
tariff
Posted inNews, Politics
Susan Collins rebuffs Trump, joins effort to block his tariffs on Canada
The Republican’s support for the Democratic effort came despite the president’s social media post calling on her to ‘get on the Republican bandwagon, for a change’ and ‘FINALLY adhere to Republican Values and Ideals.’
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Posted inMaine, Nation / World, News, Politics
Gov. Mills says tariff back-and-forth creates ‘significant economic uncertainty’
President Donald Trump on Thursday postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war.
Posted inMaine, News, Politics
Gov. Mills, members of Congress warn Trump that tariffs would raise prices for Mainers
Three of Maine’s 4 congressional delegation signed a letter to the Trump administration warning against starting a ‘tit-for-tat’ trade war with Canada that they say will drive up costs on heating fuel, gasoline, building supplies and more.
Posted inBusiness, Maine, News
See how much Maine imports from Canada, China and Mexico
Tariffs on Maine’s biggest trading partners are set to go into effect Tuesday.
Posted inBusiness, Lewiston-Auburn, Maine, The Buzz
Chamber of commerce leader says local consumers seem to be spending less
Lewiston-Auburn Metro Chamber of Commerce, CEO and President Shanna Cox hears businesses are noticing lower sales.
Posted inBusiness, Lewiston-Auburn, Maine, The Buzz
Lisbon Street News named top lottery sales outlet in Maine
The Buzz: Fish Bones Grill expanding hours to open Monday nights; Chamber of Commerce: local consumers seem to be spending less.
Posted inBusiness, Maine, News
Maine needs more housing fast, but tariffs could slow efforts
Experts say the 25% tariff on steel and the threatened 25% tax on Canadian goods could increase home prices by up to 10%, undermining efforts to boost housing production and affordability.
Posted inBusiness, Maine, News
Trump tariffs may roil Maine energy prices and lobster, lumber markets
Canada, which is Maine’s largest trading partner, could be particularly hard hit by a 25% universal tariff, as suggested by the president.
Posted inBusiness, News, Politics
Golden proposes universal 10% tariff, saying it will protect Maine workers
The Democrat says his proposal, first introduced in September, would make the U.S. more equal with trading partners that for years have protected their industries and workers.