News
As Trump shakes up economy, winners and losers will emerge
As Trump shakes up economy, winners and losers will emerge. Maine could be on the wrong side. The state’s reliance on Canada for trade and tourism, coupled with the president’s
Trump tariffs, looming trade war spark worries about Maine’s economy, rising prices
A looming global trade war triggered by new U.S. tariffs on Mexico, Canada, and China has sparked concerns about higher prices and supply chain disruptions in Maine. On Saturday, President Donald Trump
Trump tariffs may roil Maine energy prices, and lobster, lumber markets
Canada, which is Maine’s largest trading partner, could be particularly hard hit by a 25% universal tariff, as suggested by the president. Tariffs that are central to President Donald Trump’s
Maine manufacturers brace for potential tariff turmoil
Maine manufacturers from craft beverage makers to industrial suppliers are bracing for disruptions from President-elect Donald Trump’s declaration of war against imports from China, Mexico and even Canada — the
Gov. Mills traveling to Norway, Denmark to promote offshore wind
Maine Gov. Janet Mills and other state officials will travel to Norway and Denmark this week to speak with government and energy leaders about the offshore wind industry. Over the
MITC Job Opening – International Trade Specialist
Maine International Trade Center (MITC) is hiring an International Trade Specialist for our Portland, ME office. A hybrid schedule is available; however, the employee must reside in Maine for tax purposes. Requirements include: Confidence in
Maine trade conference hails “ancient future” industries for innovation, resilience
Maine’s heritage industries – enduring through decades and even centuries – demonstrate how to innovate and stay relevant amid change and how to be resilient amid challenges. That was the
Opinion: Our local economy needs to better incorporate global trade
May is World Trade Month in the United States, and Maine is hosting Trade Day this week. Now is an ideal moment for Maine’s industries to reflect on the state’s global impact, eyeing opportunities
MITC Annual Trade and Investment Awards Announced
Maine International Trade Center (MITC) is pleased to announce the winners of the 2024 International Trade and Investment Awards. “Maine businesses are finding success on the world stage thanks to