Posted on 03/17/2025 8:46:02 PM PDT by Morgana
Can you say “scapegoat?”
Yaa tell me again how Canada has any power over the US?
This is real easy Canada, stop your tariffs and control your border, then all is good again.
A tariff in place for a few weeks is suddenly responsible for their business failure?
Not even.
“Hudson’s Bay blames its collapse on sluggish consumer spending, post-pandemic declines in foot traffic, and even trade tensions between Canada and the U.S.”
Click bait headline.
I’d send them a sympathy card but I can’t find one that lists Canadian tariffs on the U.S.
Here is a list of tariffs Canada Imposes on U.S.
Goods:
⁃ Dairy Products:
⁃ Milk: 270%
⁃ Cheese: 245%
⁃ Butter: 298%
⁃ Poultry: 238%
-Eggs: 163%
⁃ Barley: 160%
⁃ Wheat: 94%
⁃ Sugar: 265%
⁃ Peanut Butter: 295%
⁃ Rice: 150%
⁃ Vegetables: 100%
⁃ Fish Products: 100%
⁃ Lumber: 20%
⁃ Shoes: 30%
⁃ Cocoa: 30%
⁃ Metals: 25%
⁃ Wool: 30%
⁃ Tobacco: 100+%
Most Americans don’t have any need to buy moose jerkey or pine needles. Kiss off Canada. LOL, EH!!!
Looks like they were waiting for an excuse to cover their loss.
But, nothing lasts forever.
Well folks that tears it. I feel just awful. Hope I can sleep tonight. Although I’d have to drive over 900 miles to get to a store over in Canada. I’m glad I did my time in the military instead of running to Canada during Vietnam. Imagine my guilty feelings otherwise. 🙄
Where in Canada do they grow rice?
Hudson, like all retail, didn’t apat to the times.
We have a eight point on our bed that is from the 50s. Keeps us nice and warm.
Same place they grow cocoa and tobacco.
Trump is in office only less than 2 months, and the tarrif is only in April? And they are collapsing already... remind me of little piggies who build their house from straw. A wind blows it right away.
AFAIK they don’t.
>> But, nothing lasts forever.
Especially not things that started out well but were mismanaged into the ground. ;-)
What a joke. 354 year old businesses don’t suddenly go belly up.
Takes years of mismanagement by offspring.
So, tariffs that haven’t even happened yet are responsible for a situation that has been years in the making. Right.
Many stores are going out of business because shopping habits have changed so drastically.
Here in the US, we are losing Joann Fabrics because they simply could not change with the times. For crafters, this is a huge loss.
I saw an article that estimated that around 12,000 stores are expected to close around the US because of similar issues. Macy’s, JC Penney, Kohl’s, a few others are all closing stores. It is not surprising that some of the same issues driving store closures in the US also affect stores in Canada. I wouldn’t be surprised if the rest of the world is being affected in a similar fashion.
Thousands of stores and restaurants have closed here in the states...we don’t complain about it and blame another country.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.