President Donald Trump terminated trade talks with Canada on Friday and will be announcing a tariff on Canadian goods in response to a Canadian tax on American tech goods.
Trump took to Truth Social, days after leaving the NATO Summit, where Canadian Prime Minister Mark Carney was also present, to announce he had been informed of Canada’s new “Digital Services Tax,” slamming it as an “attack” on America:
We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country. They are obviously copying the European Union, which has done the same thing, and is currently under discussion with us, also.
Trump then shared he was ending trade talks with Canada, which had made some progress since the initial escalation with former Prime Minister Justin Trudeau, who retaliated against Trump’s initial tariffs on Canada. He also noted that Canada would be alerted to a new tariff in the next week.
“Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period,” he wrote.
Canadian officials said this month that they would not pause the digital services tax, despite ferocious opposition from the United States.
www.breitbart.com
Trump took to Truth Social, days after leaving the NATO Summit, where Canadian Prime Minister Mark Carney was also present, to announce he had been informed of Canada’s new “Digital Services Tax,” slamming it as an “attack” on America:
We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country. They are obviously copying the European Union, which has done the same thing, and is currently under discussion with us, also.
Trump then shared he was ending trade talks with Canada, which had made some progress since the initial escalation with former Prime Minister Justin Trudeau, who retaliated against Trump’s initial tariffs on Canada. He also noted that Canada would be alerted to a new tariff in the next week.
“Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period,” he wrote.
Canadian officials said this month that they would not pause the digital services tax, despite ferocious opposition from the United States.
Trump Terminates Trade Talks with Canada over Tax on American Tech
President Donald Trump terminated trade talks with Canada on Friday and will be announcing a tariff on Canadian goods.
www.breitbart.com
