CEO Of Canada’s Second-Largest Company…
Shopify CEO Tobi Lutke criticized Trudeau for failing to prevent Trump’s new 25% tariffs on Canada, calling them devastating for businesses. Trump, 78, cited Canada’s role in fentanyl and immigration issues, while Trudeau responded with retaliatory tariffs. Lutke warned against escalating tensions, saying Canada will suffer more. Trump suggested Canada should become the “51st state” to avoid tariffs. The tariffs hit hard, as 75% of Canadian exports go to the U.S. Trudeau’s leadership is under fire ahead of Canada’s October election.