The effects won’t reach the state for over a month, one expert said. But there could be delays in restocking various goods, and consumers may see prices go up.
trade
Foster CTE Center rolls out new apprenticeship program
Foster Career and Technical Education Center has started a new apprenticeship program, which will connect students with job sites that will further their trade skills.
U.S. to hold trade talks with Taiwan; island drills military
The announcement of trade talks comes after Beijing fired missiles into the sea to intimidate Taiwan after U.S. House Speaker Nancy Pelosi this month became the highest-ranking American official to visit the island in 25 years.
Maine business group seeks rare deal to export ‘cape shark’ to Cuba
Although U.S. export to the Caribbean’s largest island is rare, the Maine delegation’s leader is a seasoned veteran of Cuban trade and one of few Americans with an export license.
From beer to semiconductors, extended war will hit U.S. state economies
While the U.S. has limited trade ties with Russia and Ukraine, businesses from beer breweries in Missouri to semiconductor plants in California would see an impact.
November trade deficit hits near-record high of $80.2 billion
The November deficit was 19.3% higher than the October deficit of $67.2 billion, the Commerce Department reported Thursday.
With other cargo ports in chaos, Portland’s is sailing toward a record-breaking year
The city’s International Marine Terminal is is busier than ever while other ports struggle to keep up during the pandemic.
Soaring global demand leads to shortage of bicycles in Maine
The coronavirus pandemic triggered a cycling boom, and sales the U.S. has not witnessed since the 1973 oil crisis.
Maine fishermen tops in payouts from trade relief program
Lobstermen have received at least $36 million so far, but a Dec. 14 application deadline looms.
With Biden in the White House, Maine could see major changes
The president-elect is already preparing to move forward with an ambitious policy agenda on the environment, health care, taxes, education and other issues.