The state’s Manufacturing Extension Partnership is one of 10 nationwide that had its funding cut, then restored temporarily by the Trump administration.
tariffs
Posted inBusiness, Maine, Nation / World, Politics
Maine is among a dozen states suing the Trump administration to stop its tariff policy
The lawsuit says the tariff policy has been subject to President Donald Trump’s ‘whims rather than the sound exercise of lawful authority.’
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Posted inBusiness, Food, Maine
As cocoa prices rise, Maine chocolatiers try to find the sweet spot
Supply problems in West Africa, the commodities market and uncertain tariffs have forced local chocolate makers to find creative solutions to doing business.
Posted inBusiness, Maine, News
Maine business owners raise alarm about tariff impacts
Companies and their customers are canceling projects, delaying expansions and struggling to make sense of Trump’s ever-changing tariff actions.
Posted inBusiness, Maine, News, Politics
Uncertainty over tariffs fuels fears of a recession in Maine and beyond
Economists say Maine is likely to fare similarly to the rest of the country, or perhaps marginally better, during a possible economic downturn.
Posted inBusiness, Franklin, Livermore Falls Advertiser, Maine, News
As Jay mill comes down for engineered wood plant, tariffs on imports an unknown factor
John Godfrey, owner of Godfrey Wood Products, has received permits to build the facility at the former site of the Androscoggin Mill on Riley Road but is concerned about what tariffs will do to the cost.
Posted inBusiness, Maine, News
Tariffs force Maine businesses, municipalities into an uncertain future
President Donald Trump’s unpredictable shifts in tariff policies threaten to drive up costs for consumers and taxpayers.
Posted inBusiness, Nation / World
Trump pauses tariffs on most nations for 90 days, sending stocks soaring, but again raises taxes on Chinese imports
Facing a global market meltdown after his tariffs took effect Wednesday, the president abruptly backed down on most of the import taxes — except for those on China.
Posted inBusiness, Maine
Maine company stocks drop in wake of tariffs, but less than the average
Last week was the stock market’s worst since the start of the COVID-19 pandemic in 2020, and stocks continued to bounce around wildly Monday.
Posted inMaine, News, Politics
How Trump’s actions are affecting — and targeting — Maine
In addition to a new federal lawsuit against the state, the new administration’s actions include multiple efforts to pull funding over Maine’s policies regarding transgender athletes, as well as unrelated cuts to health care funding and medical research grants.