Maine, which exports more than 40% of its output to Canada, is particularly exposed to the trade war led by Donald Trump. Rising tariffs, fuel prices and living costs are weighing on lobster fishers and placing the economy at the center of the closely fought Senate race between Republican Susan Collins and Democrat Troy Jackson. Collins says she secured exemptions for several Canadian products, while Jackson accuses her of failing to prevent the tariffs from being imposed. More than 90% of likely Maine voters rate the state’s economy as fair or poor, and 70% say tariffs on Canadian goods are bad for the state.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
