WGME-TV13 • February 1, 2025
Mainers are bracing for the 25% percent tariffs that President Donald Trump plans to levy on Canada and Mexico on Saturday. We could soon be seeing higher prices on wood products, vehicles, and seafood. USM Economics Professor, Dr. Rachel Bouvier, says the rise in tariffs Trump plans to apply could have a detrimental impact on the Maine economy, as Canada is one of Maine's biggest trading partners. "We have trade worth about $7.5 billion dollars," said Bouvier. "Imposing these tariffs is not really going to help with the trade deficit. I think that's something that his advisors are trying to advise him on. But I don't know if that message is really getting through."