Houlton business owners are bracing for potential price hikes despite the temporary delay on President Trump’s proposed tariffs on Canada and Mexico.
HOULTON, Maine — Houlton, located just five miles from the Canadian border, has always had a strong relationship with its Canadian neighbors.
Despite the agreement between U.S. and Canadian officials to delay the 25 percent tariff on general goods and 10 percent tariff on energy products, local business owners say they are already feeling the effects.
“We have maple syrup, we have honey, we have things that come from right across the border and we know this could impact the bottom line for our customers,” Torres explained.
While many think of imported oil and gas prices, there are several other industries that have concerns about pricing and product availability, such as hardware stores like Horten Building Supplies in Houlton.
“A lot of our lumber does come from Canada as well as rebar and …