tariffs

The company cited the exchange rate, transportation costs, and tariffs as the drivers of the decision.

The suit alleges the President overstepped his authority in imposing global import taxes.

Many local companies say they're still grappling with higher costs for materials and are choosing to hire fewer people this summer.

Patrick Woodcock, president and CEO of the Maine State Chamber of Commerce, said he supports President Trump's goal of reinvigorating U.S. manufacturing but he worries about the "blunt" way the president is applying tariffs globally.

Maine's lobster industry has largely been spared from the biggest direct hits from President Donald Trump's trade war with Canada. China, however, has placed a 10% tariff on U.S. lobster exports.

Trump has said repeatedly he wants Canada to become the 51st state. It's a statement sometimes laughed off in the U.S., but viewed as deadly serious in Canada.

It also remains unclear whether some imports from Canada that are important to Maine — such as heating oil and gasoline — will still be subject to tariffs.

Justin Trudeau singled out the Maine beach town when talking about how Canadians might display their frustration and anger over the Trump administration's policies and rhetoric toward their country.

Pat Keliher, the outgoing commissioner of Maine's Department of Marine Resources, said Tuesday that the tariffs could trigger major cuts in what lobstermen are paid for their catch.

The state gets about 80% of refined fuel from its northern neighbor.