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Eddie Bauer Launches Nationwide Liquidation Sales in Canada

                              An Eddie Bauer store in Vaughan, Ont., on Wednesday, Feb. 4, 2026.   Eddie Bauer has begun liquidation sales across its Canadian stores as the retailer undergoes a major restructuring effort. The move follows financial challenges that have pushed the company to streamline operations while exploring potential buyers. All Canadian locations are expected to remain open during the liquidation period, offering discounts as inventory is cleared. The retailer has indicated that if a suitable buyer emerges, it may shift from winding down operations to pursuing a sale that keeps some stores running. Eddie Bauer, long known for its outdoor apparel and gear, has faced mounting pressures from changing consumer habits and a competitive retail landscape. The coming weeks will determine whether the brand can secure a path forward or complete its exit from the Canadian market....

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Global Retaliation: Allies and China Strike Back Against Trump Tariffs

In a dramatic escalation of trade tensions, China, Canada, and Mexico have vowed swift countermeasures in response to newly imposed tariffs by U.S. President Donald Trump. The tariffs—set at 25% on imports from Canada and Mexico and 10% on Chinese goods—were defended by Trump as necessary actions to curb the influx of illicit drugs and illegal immigration.

Canadian Prime Minister Justin Trudeau declared that his government would retaliate by imposing 25% tariffs on up to C$155 billion (approximately US$106 billion) of American products, targeting items ranging from consumer goods to industrial materials. Similarly, Mexican President Claudia Sheinbaum announced that her administration was preparing both tariff and non-tariff measures to defend national interests, while urging the United States to resolve its domestic issues through dialogue rather than punitive trade actions.

Meanwhile, China has taken a strong stand against what it calls a “violation of international trade rules.” The Chinese Ministry of Commerce confirmed that Beijing would file a lawsuit at the World Trade Organization and implement “corresponding countermeasures” to safeguard its economic interests .

These swift responses by the affected nations underscore the high stakes of the current trade dispute, with experts warning that the measures could set off a broader trade war. As both sides brace for potential economic fallout, industries spanning from automotive to agriculture are already bracing for increased costs and supply chain disruptions.

The global community now watches closely as these diplomatic and economic skirmishes unfold, with many calling for a return to negotiations to avert long-term damage to the international trading system.

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