News

Browse our collection of links to recent news stories about MITC, our members, and international trade topics of interest.


  • LePage to lead trade mission to U.K. and Ireland

    Maine’s North Atlantic Development Office is putting together a trade mission headed by Gov. Paul LePage for companies interested in increasing business with the United Kingdom and Ireland. Read more
  • Steel tariffs make lobster traps more expensive

    “The tariffs have wider-ranging impacts than just selling lobsters on the market,” Wade Merritt, president of Maine International Trade Center, said. “This is also about the livelihood of some of our communities where the lobster industry underpins the town.” Read more
  • Some lobster exporters are feeling pinch of Chinese tariff

    The effects of losing a key market ripple through the industry – and could worsen – but Maine’s other lobstering sectors are riding high. Read more
  • Maine Lobster Industry Has Yet to Feel Full Impact of China Tariffs

    Bob Baines does not believe new foreign tariffs will have an immediate impact on the Maine lobster industry. “The state is catching mostly new-shell lobsters that don’t ship well to China or the EU yet,” he said, plucking a few twisting lobsters from his haul to display the small number mature enough for an overseas voyage. That won’t last, Baines said, and harder shells will come with more difficult trade barriers. Read more
  • Steel tariffs could impact lobster traps, industry

    Costs from retaliatory tariffs on steel and aluminum, could trickle down to Maine’s lobstermen. However, a Massachusetts mesh wire company says they have not increased prices to ‘support’ the lobster industry. Read more
  • Tariffs Hit Maine’s Lobster Industry

    Dealers ship millions of dollars’ worth of live Maine lobster to China but much of that business may be headed to Canadian lobstermen after hefty new tariffs. Read more
  • Chinese tariffs will affect Maine lobster business

    On Friday, China’s new 25 percent tariff on lobster and lobster products went into effect. Read more
  • New Tariffs From China Could Hit Maine’s Lobster Industry Hard

    Maine businesses are largely unscathed by the new tariffs China is imposing on U.S. products. But there’s one big exception – lobster. Read more
  • U.S. Chamber comes out against new tariffs, details impact on Maine

    A new analysis by the U.S. Chamber of Commerce shows that roughly $130 million of Maine exports are threatened by new tariffs already imposed or threatened by China, the European Union, Mexico and Canada on American-made products in retaliation for new tariffs imposed by the Trump administration. Read more
  • In trade war with Canada Maine mostly got off easy

    As retaliatory tariffs go in place, the highly integrated economies between the neighbors insulate most companies from ill effects. Maine will escape the first round of a trade war with Canada with a glancing blow. Roughly $67 million worth of Maine products will be exposed to retaliatory Canadian tariffs set to go into effect July 1, in response to import taxes on steel and aluminum from the Trump administration. Read more