CEO, the second largest listed company in Canada, wants the government to do everything that Canadian is demanding by Trump.
The 78 -year -old Trump signed a presidential order to hit 25 % of his neighbor in the north of the United States, and did not respond to his demands to help Fentanyl and illegal immigration trade. I mentioned that.
“Canada will prosper when you work with the United States. It will win by helping the United States to win. Trump thinks that Canada does not hold the bargain side,” he co -founded tobify. LUTKE is written in X.
“These are things that all Canadians want to do to the government. These are not a crazy request, even if they come from unpopular sources. These tariffs are a lot of people. It will be catastrophic in life and small and medium -sized enterprises.
LUTKE’s declining criticism has released 25 % of retaliation duties for US products worth $ 100 billion, and has responded to the Tordeau clip that promotes policies for red states.
SHOPIFY, an e -commerce giant co -founded by Lutke in 2006, is worth about $ 150 billion. It is the largest high -tech company in Canada, the largest startup in history, and the second largest after the Royal Bank of Canada.
LUTKE is estimated to be $ 10 billion and is one of the most wealthy people in Canada.
“Leadership is not a popular thing, but doing the right thing, and there is nothing to go back. The United States will scoop it. Canada will decline.” Added about retaliation.
“It’s a wrong choice that could be used for better options.”
Todoro warned Canadians that the difficult time was in a fierce trade war with the United States.
Canada was the largest total trading partner in the United States in 2023, with more than $ 900 billion and services exchanged by the two countries.
According to data from the US Census Bureau, last year, the United States imported about $ 377 billion from Canada and export $ 322 billion.
The latest thing about President Trump’s tariffs
Customs duties are sent to Canada, especially because about 75 % of exports are sent to the United States, and only about 13 % of the United States exports go to Canada.
Trump’s large -scale tariffs on Canada also include a 10 % tariff rate for energy resources. According to data from the Energy Information Bureau, the context accounted for about 24 % of the Production of Refinery in the United States in 2023.
In March, the Liberal Party is ready to maintain a PM until the Liberal Party selects a new leader, and after the first presidential election issued a threat, Maruarago last November to meet Trump. I jumped into it.
At that time, Canadian leaders tried to pursue him with Trump trying to follow the threat of tariffs, which could cause the Canadian economy.
The visit also attacked Canadian critics who felt that the torudow looked weak.
On Sunday, Trump acknowledged that tariffs would cause “maybe (probably not!)” Into “pain”, but this movement was “worth the price to pay.”
The 47th president has also diverged about the United States supporting Canada via trade policy.
“We pay hundreds of billions of dollars to subsidize Canada. There is no reason. We don’t need anything they have,” he wrote about the truthful society. “Canada should be our precious 51st state, and much lower taxes, and much better military protection … and no tariffs.”
Tordeau and other Canadian leaders rejected Trump’s territory of making neighbors a nation.
Canada is preparing for elections in October.
