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Manufacturing

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Today's Poll

Will the tariffs, as laid out, affect your business? 
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Poll Description

In November, Mainebiz asked, "Are you worried about how President-elect Trump's higher U.S. tariffs could affect your business?" Around 53% of respondents said they were. 

As of Feb. 1, President Donald Trump signed an executive order imposing 25% tariffs on imports from Mexico and Canada and an additional 10% levy on goods from China. Energy imports from Canada, including oil, gas and electricity, are to be taxed at a lower, 10% rate. 

Even with a 30-day pause on tariffs on Canada and Mexico, the plans are still looming. This week plans to enact tariffs on aluminum and steel are expected to go into effect.