-

Faire Data Shows Canadian Retailers Continue Shifting to Canadian Brands as U.S.-Canada Tariffs Reach 60 Days

SAN FRANCISCO--(BUSINESS WIRE)--Today, Faire released an update to its Independent Retail Tariff Data and Insights Tracker to cover the first 60 days since the latest U.S.-Canada tariffs were announced. Drawing on millions of transactions across Faire’s global platform, the analysis finds Canadian retailers are putting a growing share of their spending toward Canadian brands, while U.S. retailers’ mix has stayed largely steady.

The 60-day window runs from August 25, when Canada announced its tariff on U.S. goods, which took effect September 8. Canada’s announcement followed a 50% U.S. tariff on select Canadian goods under Section 338, which took effect August 22 with no USMCA exemption.

Key findings at day 60

  • Canadian retailers’ spend on Canadian brands is up 10.7 percentage points from pre-tariff levels, building on a 9.4 percentage point lift seen at day 30.
  • U.S. brands are gaining sales but losing share in Canada. As seasonal buying increases, Canadian retailers are directing more of their spending toward domestic brands, even as their dollar spending on U.S. products continues to grow.
  • U.S. retailers’ spend on Canadian brands has barely moved. Canadian brands made up about 1.5% of U.S. retailers’ spend before the tariffs, dipped to 1.3% around day 46, and recovered to 1.4% at day 60. The difference has gone mostly to non-Canadian international brands, while U.S. brands’ share has held steady.

Faire will continue to monitor how trade policy affects independent retailers and brands. Explore the full findings and methodology: Independent Retail Tariff Data and Insights Tracker.

About Faire

Faire is an online wholesale platform used by independent retailers to source unique products from around the corner and around the world. Faire's data-driven approach levels the playing field for independent retailers by offering net 60 payment terms and free returns on opening orders, eliminating inventory risk and providing access to capital. For brands, the platform provides powerful sales, marketing, and analytics tools, so sellers can simplify their wholesale business and focus on making great products. To date, Faire has facilitated over 10M new connections between brands and retailers on the platform. For more information, visit www.faire.com.

Contacts

Trisha Craigen
trisha.craigen@faire.com
416-844-8187

Faire


Release Versions

Contacts

Trisha Craigen
trisha.craigen@faire.com
416-844-8187

More News From Faire

Faire Unveils First-of-Its-Kind Data on the State of Independent Retail

SAN FRANCISCO--(BUSINESS WIRE)--Today, Faire released its inaugural Independent Retail Report, a data-driven look at how independent retailers are buying and adapting in a shifting economy. Drawing on a global panel of independent retailers, the Report finds that physical stores are outgrowing online-only ones, small towns are outpacing major cities, and independent retailers are identifying consumer trends and stocking their shelves with new products before they become mainstream. The full repo...

Faire Opens its Wholesale Platform to Millions of Business-Use Buyers

SAN FRANCISCO--(BUSINESS WIRE)--Tens of thousands of businesses have tried to join Faire over the years for a purpose the platform wasn't originally built for: buying wholesale products for their own operations rather than for resale. Today, Faire is opening its doors to them.This marks a notable evolution for Faire as the company opens its platform to a much broader segment of wholesale demand and a new category of buyer, including restaurants, hotels, corporate buyers, and event companies.Ther...

Faire Marks Five Years of Growth Outside North America: Over 100,000 Retailers, 50,000 Brands, and More Than One in Four Brands Now Selling Across Borders

LONDON--(BUSINESS WIRE)--Five years after launching outside North America, Faire’s community of more than 100,000 retailers and 50,000 brands across 30+ countries in Europe, Australia, and New Zealand shows a retail sector that is innovating and thriving, well beyond the big cities. "It has been a phenomenal five years for Faire internationally, and the opportunity ahead has never been clearer,” said Olivier Buffon, VP and Head of International at Faire. “Europe represents a retail market compa...
Back to Newsroom