The announcement of trade talks comes after Beijing fired missiles into the sea to intimidate Taiwan after U.S. House Speaker Nancy Pelosi this month became the highest-ranking American official to visit the island in 25 years.
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Posted inBusiness, Local & State
Maine business group seeks rare deal to export ‘cape shark’ to Cuba
Although U.S. export to the Caribbean’s largest island is rare, the Maine delegation’s leader is a seasoned veteran of Cuban trade and one of few Americans with an export license.
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Posted inBusiness, Nation & World, News
From beer to semiconductors, extended war will hit U.S. state economies
While the U.S. has limited trade ties with Russia and Ukraine, businesses from beer breweries in Missouri to semiconductor plants in California would see an impact.
Posted inBusiness, Nation & World, News
Virus cases climb in China, raising threat of trade disruption
Anti-virus controls have forced auto and electronics makers to shut factories in China and are raising risks of wider disruptions if the curbs spread to Chinese ports that are among the world’s busiest.
Posted inBusiness, Nation & World
November trade deficit hits near-record high of $80.2 billion
The November deficit was 19.3% higher than the October deficit of $67.2 billion, the Commerce Department reported Thursday.
Posted inBusiness, Local & State, News
Soaring global demand leads to shortage of bicycles in Maine
The coronavirus pandemic triggered a cycling boom, and sales the U.S. has not witnessed since the 1973 oil crisis.
Posted inBusiness, Local & State, News
Maine fishermen tops in payouts from trade relief program
Lobstermen have received at least $36 million so far, but a Dec. 14 application deadline looms.
Posted inBusiness, Local & State, News, Uncategorized
With Biden in the White House, Maine could see major changes
The president-elect is already preparing to move forward with an ambitious policy agenda on the environment, health care, taxes, education and other issues.
Posted inBusiness, Local & State
EU edges closer to eliminating tariffs on Maine lobster
A key European Parliament committee voted overwhelmingly to advance a trade deal to eliminate import duties to Europe on American lobster.
Posted inBusiness, Local & State
Maine fabrics manufacturer accuses Belarus of ‘dumping’ in U.S. market
The head of Auburn Manufacturing Inc. says her prices are being undercut by the European country’s cheaper products.