52.3% of all foreign owned companies in Canada, are owned by the United States..

 I wonder if president Trump understands how Tariffs imposed on Canada, will effect the U. S. owned 52.3 percent share of all foreign industries operating in Canada? In essence, he will be creating grief for his own companies.

 

I am hoping he will relent on his threat to impose business closing 

tariffs across Canada. Tarifs will create misery for the small companies now relying on the current Canada / Us trade relationship. It will also slow down the larger companies, as for example, Amazon and Tesla and possibly even General Motors will shift towards Europe and China for cheaper parts and lower tariffs and smoother trade relationships. The billionaires now cooperating with the U. S. government, may decide to shift allegence rather than lose their billions.

N. J. R.