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‘Hitting back will not lead to anything good’: Shopify CEO criticizes Canada’s response to U.S. tariffs

  • President Trump announced a 25 percent tariff on Canada, citing its failure to address illegal immigration and fentanyl trafficking.
  • Shopify CEO Tobi Lutke defended Trump's demands, stating they are reasonable and beneficial for Canada.
  • In response, Prime Minister Justin Trudeau threatened 25 percent tariffs on $155 billion worth of U.S. goods.
  • The trade conflict has escalated, with both sides preparing retaliatory measures amid ongoing negotiations.
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Bias Distribution

  • 77% of the sources lean Right
77% Right

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Proactiveinvestors NA broke the news in on Tuesday, November 26, 2024.
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