Browse our collection of links to recent news stories about MITC, our members, and international trade topics of interest.
Maine dealers anxious to restore lobster trade
Although “gut-punched” by a U.S.-China trade war, most Maine lobster dealers would try to recapture the China market if ongoing trade talks prove successful.Read morePaper company expands operations in US
A Chinese paper company is using its investments in American properties that employ more than 1,000 as part of its global expansion strategy.Read moreMaine trade association honors three companies
Three Maine companies and one educational institution were recognized by the state’s trade association for their growth in global markets.Read moreAuburn Manufacturing, Luke’s Lobster among MITC award winners
Auburn Manufacturing, Luke’s Lobster Seafood Co. and Thornton Academy are among the 2019 International Trade and Investment Awards honorees, unveiled by the Maine International Trade Center on Tuesday.Read moreAuburn Manufacturing, Rumford’s ND Paper mill honored with international trade awards
In 2018, Maine companies exported goods and services to 169 countries around the globe. Kathie Leonard shipped to 38 of them. The Maine International Trade Center on Tuesday named Leonard’s Auburn Manufacturing its Exporter of the Year in the 2019 International Trade and Investment Awards.Read moreHow These 2 Entrepreneurs Turned an Urban Seafood Shack Into a $60 Million Empire
Luke Holden and Ben Conniff started a small chain of simple lobster shacks. Then they started thinking much bigger.Read moreOnce stymied by China tariff, lobster dealer finds a workaround
Tom Adams, CEO of Maine Coast lobster wholesale company in York, said he’s found ways to make up revenue that was lost when a 25% tariff was implemented last July on imports of lobster to China.Read moreMaine exporters saw a 4% increase last year, but wonder about lost potential
Trade tensions and tariffs between the United States and key trading partners blunted what may have been a banner year for Maine exports.Read moreMaine business leaders hope to strengthen ties to Quebec
Canadian and Maine business leaders are looking to strengthen trade between Maine and Quebec.Read moreChina trade war cost tops $40 billion a year in lost U.S. exports
Chinese retaliation against President Trump’s tariffs is hitting U.S. exporters harder than their Chinese counterparts and costing the U.S. the equivalent of about $40 billion a year in lost exports, according to a new study that highlights the mounting costs to the U.S. economy of the trade war against China.Read more
