(VIDEO) Trudeau Responds to Trump’s Tariffs – CEO of Canada’s Second Largest Company Slams Trudeau, Says Trump’s Demands are “Things That Every Canadian Wants its Government to do”

02.02.2025 20:20

Justin Trudeau confirmed that Canada will impose tariffs on American goods in response to the Tariffs imposed by President Trump yesterday, and the CEO of Shopify, Canada’s largest tech company and second-largest publicly traded company, slammed Trudeau’s poor leadership.

President Trump officially imposed tariffs on Canada, Mexico, and China on Saturday after they had ignored his threats.

Trump slapped the tariffs on the three countries under the International Emergency Economic Powers Act.

25% tariffs on all Mexico imports
25% tariffs on nearly all Canadian imports — 10% on Canadian energy resources
10% tariffs on all China imports

President Trump announced the tariffs in a statement Saturday, saying tariffs were imposed because of “the major threat of illegal aliens and deadly drugs killing our Citizens, including fentanyl.”

“We need to protect Americans, and it is my duty as President to ensure the safety of all. I made a promise on my Campaign to stop the flood of illegal aliens and drugs from pouring across our Borders, and Americans overwhelmingly voted in favor of it,” President Trump said on Truth Social on Saturday.

JUST IN: President Trump Releases Statement After Imposing Tariffs on Mexico, Canada, and China

As The Gateway Pundit reported, Canada revealed plans to harm Republican states the most in response to Trump’s tariffs.

During a news conference Saturday, Trudeau said, "Canada will be responding to the US trade action with 25% tariffs against $155 billion worth of American goods." He continued, This will include immediate tariffs on $30 billion worth of goods as of Tuesday, followed by further tariffs on $125 billion worth of American products in 21 days' time to allow Canadian companies and supply chains to seek to find alternatives.

Trudeau also lectured Americans, claiming, "Tariffs against Canada will put your jobs at risk, potentially shutting down American auto assembly plants and other manufacturing facilities. They will raise costs for you, including food at the grocery store, gas at the pump. They will impede your access to an affordable supply of vital goods crucial for US security, such as nickel, potash, uranium, steel, and aluminum."

WATCH:

However, as Shopify CEO Tobi Lutke noted, "Hitting back will not lead to anything good. America will shrug it off. Canada will decline."

"These tariffs are going to be devastating to so many people’s lives and small businesses," Lutke said in reference to Canadians.

He further said "every Canadian" wants Canada to work with President Trump to secure the borders and stop the flow of fentanyl. "These are not crazy demands," he added.

Lutke expressed his disappointment in Trudeau this morning on X:

I’m disappointed that trump admin placed the 25% tariffs.

I’m disappointed that this is our governments response.

I love Canada and want it to thrive. I built Canada’s biggest tech company here because I know it’s a special place.

Canada thrives when it works with America together. Win by helping America win. Trump believes that Canada has not held its side of the bargain, and he set terms to prove that we still work together: get the borders under control and crack down on fentanyl dens.

These are things that every Canadian wants its government to do, too. These are not crazy demands, even if they came from an unpopular source.

These tariffs are going to be devastating to so many people’s lives and small businesses.

Action has to be judged based on what it leads to, not how good it sounds or feels. Leadership is about doing what’s right, not what is popular. And hitting back will not lead to anything good. America will shrug it off. Canada will decline.

It’s simply the wrong choice in a possibility space where much better options would have been available.

I’m disappointed that trump admin placed the 25% tariffs.

I’m disappointed that this is our governments response.

I love Canada and want it to thrive. I built Canada’s biggest tech company here because I know it’s a special place.

Canada thrives when it works with America… https://t.co/Pt9MH8Aq9s

— tobi lutke (@tobi) February 2, 2025

The post (VIDEO) Trudeau Responds to Trump’s Tariffs – CEO of Canada’s Second Largest Company Slams Trudeau, Says Trump’s Demands are “Things That Every Canadian Wants its Government to do” appeared first on The Gateway Pundit.