Trump completes all US trade talks with Canada over Digital Services Tax

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The treasure sec. Bessent: 301 Investigation will be targeted between the tariffs of Canadian products

President Donald Trump He said that the United States immediately terminates all the discussions on trade on Friday Canadian“In response to the decision to apply Ottawa Digital services tax In American technological firms.

Trump’s surprise announcement The truth is social “Copying the European Union” blamed the “transfer” to “the European Union”.

“We will tell the tariff that Canada will pay for business with the United States for the next seven days,” he said.

Read the full post of Trump:

“We will inform you that the same thing is that the same thing is that the same is the same for us to trade as many of our farmers, including 400% of our farmers, which will be discussed with a very difficult country. Thank you for the United States.

Canada’s Prime Minister Mark Carney office did not respond immediately to the request of CNBC.

The angry declaration of the president was suddenly one of the best global trading partners for a long time, American trade relations.

Trump says he can immediately cancel trade talks with Canada, referring to digital service tax

In the United States, US funding in the United States, according to the office, about $ 762 billion last year US Trade Representative.

After the announcement of Trump S & P 500 and Nasdaq composite Both have returned negative, retreated record they reached the beginning of the day.

Last year, the first payments from the digital services of Canada, which are valid in force, and will be collected on Monday, where it is retroactive by 2022. The tax hit both domestic and foreign technological companies, including the US giants Amazon, Google and Meta.

Canadian officials said that this month would not stop digital service taxDespite the violent opposition from the United States.

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