skip to main content
skip to newscasts

Friday, November 22, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Trump announces Pam Bondi of FL as new attorney general pick, hours after Matt Gaetz withdraws; House passes bill targeting nonprofits in NY and nation; NM researcher studies why pedestrian and bicyclist deaths are on the rise; Researchers link better outcomes to MN adoption reforms.

view newscast page
play newscast audioPlay

Trump has a new pick for Attorney General, his incoming "border czar" warns local Democratic officials not to impede mass deportation, and the House passes legislation that could target any nonprofit group accused of supporting terrorism.

view newscast page
play newscast audioPlay

The CDC has a new plan to improve the health of rural Americans, updated data could better prepare folks for flash floods like those that devastated Appalachia, and Native American Tribes could play a key role in the nation's energy future.

How New USMCA, China Trade Deals Might Impact Maine

play audio
Play

Friday, January 31, 2020   

PORTLAND, Maine - President Donald Trump signed the United States/Mexico/Canada Agreement this week - and it could have some impact on Maine as Canada's neighbor.

While much of the new agreement is similar to the former treaty known as the North America Free Trade Agreement or NAFTA, one big change is that Canadians can now buy up to CA$150 worth of American goods online without paying duties, or import taxes.

This is much more than the CA$20 limit allowed in NAFTA. Wade Merritt, president of the Maine International Trade Center, says this could be significant for Maine.

"As a border state, we receive a lot of Canadian tourists in Maine," says Merritt. "And this is something that we've been keeping an eye on for a while, because there's a disparity between what Americans can purchase in Canada and bring back, versus what Canadians can purchase in the United States and take back to their country. So, we think that's a positive step forward."

By comparison, the United States limit for online shopping from other countries is US$800.

But this rule, known as "de minimis" shipment value levels, only applies to shipments. It doesn't change how much Canadians can buy on their visits to the U.S., an amount that increases if they're visiting for longer than 24 hours.

Merritt predicts most of the USMCA agreement won't have a huge impact on Maine's economy. But he says another country's recent trade deal with the U.S. does.

He notes Maine's biggest export is seafood - mostly live lobster - and China is a major customer.

"A small but significant percentage of that was going to China prior to the imposition of tariffs back in July of 2018," says Merritt. "In 2018, about 14% of what we were exporting in terms of live lobster went to China - and in 2019, we were down to 7%."

Trump's new trade deal with China this month does not lift most of the tariffs, including on lobster. But Merritt points out that China is committed to buying more American goods - including lobster, which is the only seafood item specifically named in the trade deal.




get more stories like this via email

more stories
The smoking rate among adults in Maryland is 9.6%, much lower than the national average of 12.9%. (Adobe Stock)

Health and Wellness

play sound

A new report on lung cancer by the American Lung Association showed Maryland has quite a bit of room to improve diagnoses and treatment but experts sa…


Social Issues

play sound

La Niña is bringing a cooler, wetter winter to Oregon and likely driving up heating bills as systems work harder. This is the third year of …

Environment

play sound

The number of pedestrians and bicyclists killed on roadways in the U.S. has nearly doubled in the past 12 years and a New Mexico researcher wants to …


Social Issues

play sound

This Saturday is National Adoption Day and the latest findings showed Minnesota has made progress in helping kids in the foster care system secure a b…

Health experts said young children often catch walking pneumonia at school and bring it home, spreading it to their families. (Adobe stock)

Health and Wellness

play sound

By Kyla Russell for WISH-TV.Broadcast version by Joe Ulery for Indiana News Service reporting for the WISH-TV-Free Press Indiana-Public News Service C…

Social Issues

play sound

A recent study from Florida Atlantic University highlights a concerning rise in alcohol-related deaths across the United States, with mortality rates …

Environment

play sound

By Dawn Attride for Sentient.Broadcast version by Farah Siddiqi for Ohio News Connection reporting for the Sentient-Public News Service Collaboration …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021