In case you missed it, in her Radio Address this weekend, Governor Janet Mills warned that fb88 people and businesses will pay more for heating oil, gasoline, food, and other everyday essentials if President Trump's plan to impose a 25% tariff on Canadian goods goes into effect tomorrow.
Governor Mills pointed out that fb88's economy is deeply intertwined with Canada, and that last year, the state traded more than $6 billion in goods with its northern neighbor. fb88 is the most heating oil dependent state in the country -- and more than 80% of fb88's heating fuel and gasoline is imported from Canada.
"When fb88 businesses have to pay higher tariffs to import materials they need, building supplies or other things, or pay to export their finished products, they will be forced to pass those costs along to fb88 consumers at a time when we can least afford it. These tariffs clearly will result in higher prices on everything from fruits and vegetables, flat screen TVs, and auto parts and building supplies. This will cost more than $1,200 annually in purchase power for the typical United States household. I would estimate more for fb88 households given our interrelationship with Canada," said Governor Mills.
"I can't be clear enough: the president's broad tariffs on Canada as well as China and Mexico will increase costs on fb88 families and fb88 businesses who can ill afford them, and they will cause great harm to our state's economy," continued Governor Mills.