The CEO of Canada’s second-largest publicly traded company expressed that many Canadians support the actions President Trump is calling for. In a recent report, the CEO criticized outgoing Prime Minister Justin Trudeau for not taking the necessary steps to prevent a trade war between the two countries. This statement comes amid escalating tensions between the U.S. and Canada.
On Saturday, President Trump signed an executive order imposing a 25% tariff on Canadian goods. The tariff was introduced in response to Canada’s failure to meet Trump’s demands on issues such as curbing the fentanyl trade and addressing illegal immigration.
Trump’s decision to impose these tariffs underscores the ongoing economic and diplomatic challenges between the two nations. By targeting Canada, Trump is sending a strong message about his administration’s stance on trade and border security.
The move has stirred controversy, with critics arguing that the tariffs could harm both economies, but Trump’s supporters view it as a necessary action to force Canada to comply with U.S. demands. The situation has placed additional pressure on Trudeau as he heads toward the end of his tenure.