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.
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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.
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Posted inBusiness, Maine, News, Politics
Trump policies expected to cause 25% drop in Canadian tourism to Maine
The state’s top tourism official told lawmakers her office is aggressively working to bring in more U.S. tourists to make up for the loss of international travelers, but so are other states.
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 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, Maine, News
Trump has some Canadians rethinking their Maine vacation plans
Tariff threats and political insults could put millions of dollars for Maine’s tourism industry at risk.
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, Nation & World, News, Politics
Trump agrees to pause tariffs on Canada and Mexico after they pledge to boost border enforcement
The tariffs against Canada and China were still slated to go into effect Tuesday, but uncertainty remained about the durability of any deals and whether the tariffs were a harbinger of a broader trade war.
Posted inTimes Record
Challenging Nordic skiing in Quebec
Quality Nordic skiing has been difficult to find this winter. Seven Mainers planned three days of skiing near Mont Sainte Anne in Quebec over the recent New Year’s week. Situated farther north, our hope was the higher latitude would offer deeper snow levels. We reserved a condo in the village of Beaupre at the foot […]
Posted inNation & World, Politics
Trump suggests he could use military force to take control of Greenland, Panama Canal
Greenland, home to a large U.S. military base, is an autonomous territory of Denmark, while the canal has been solely controlled by Panama for more than 25 years.