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Apparel And Accessories Retail

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Canada’s retailers brace for 50% U.S. tariffs, fearing cross-border sales hit
us-news1 day ago

Canada’s retailers brace for 50% U.S. tariffs, fearing cross-border sales hit

Canadian exporters confront a 50% U.S. tariff on clothing, alcohol and other goods, raising concerns that higher prices will dampen American demand and create surprise tariff bills. Some companies, like Anián, are preemptively blocking taxed items for U.S. shoppers and shifting inventory to mitigate risks, as Canada prepares retaliatory tariffs in September and business groups warn the levies could curb cross-border sales and growth.