U.S. Rep. Jared Golden, D-Maine, continued his party-bucking ways as the House OK’d the formal disapproval of tariffs in a bipartisan vote.
tariffs
Posted inBusiness, Local & State, News
Boom or dust? How tariffs are helping this Maine sawmill but creating more uncertainty for others
Duties on Canadian imports are driving up domestic sales at some Maine lumber companies. Is it enough to overcome high operating costs and a slumping housing market?
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Posted inBusiness, Local & State, News
Can European holiday demand reverse Maine’s lobster export slump?
Hopes are high after the U.S. and Europe agreed over the summer to extend a trade deal that keeps Maine companies on equal footing with their Canadian rivals.
Posted inBusiness, Local & State, News
Thrifting for Christmas helps shoppers save money, buy sustainably
Resale shops, thrift stores and antiques malls across Maine make it possible to find unique vintage and handcrafted holiday gifts at bargain prices.
Posted inBusiness, Local & State, Nation / World, News
Canada lifts tariffs on most imports from Maine under trade pact with US, Mexico
A Canadian government official says that Canada is dropping retaliatory tariffs to match U.S. tariff exemptions for goods covered under the United States-Mexico-Canada trade pact.
Posted inBusiness, Food, Local & State, News
Maine food businesses and shoppers seeing higher costs as tariffs hit
The hefty tariffs are raising prices on items ranging from cheese to coffee, and businesses are figuring out how to absorb the costs — or pass them on to customers.
Posted inBusiness, Local & State, News
Tariffs on Canadian goods have increased to 35%. How will Maine be affected?
A pact between the U.S., Canada and Mexico exempts the vast majority of imports from the new tax. But the changes will still hurt Maine’s people and businesses, according to the state chamber of commerce.
Posted inBusiness, Nation / World, News, Politics
Trump injects new dose of uncertainty in tariffs as he pushes start date back to Aug. 7
President Donald Trump’s order imposing new tariffs on goods from scores of countries and the European Union starting in seven days has injected a new dose of uncertainty in an already uncertain process
Posted inBusiness, Local & State, Nation / World, News
Trump to put 25% tariffs on Japanese goods, impacting nearly $65M in imports to Maine
The new rates for Japan, which has been one of the state’s top trade partners for years, and South Korea are scheduled to take effect on Aug. 1.
Posted inBusiness, Leslie Bridgers, Life & Culture, Local & State
Is Maine’s enthusiasm for fireworks fizzling out?
The number of stores in the state has been declining since 2018, and after an uptick during the pandemic, sales have slowed as well.