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Trump ends all U.S. trade talks with Canada over digital services tax
CANADA, JUN 27 – Trump ends trade talks after Canada enacts a 3% digital services tax on U.S. tech firms, imposing a retroactive $2 billion cost and prompting threats of new tariffs.
- President Donald Trump ended all U.S. trade negotiations with Canada on June 27, citing Canada's implementation of a digital services tax.
- The decision followed Canada's enactment of a 3% digital tax on large multinational companies providing digital services to Canadians, with first payments due June 30.
- Trump warned that, following the end of trade talks with Canada over its digital services tax, the U.S. would introduce additional tariffs on Canadian products within seven days and stated that Canada would be notified of these tariffs during that period.
- Trump announced on his Truth Social platform that due to what he described as a severe tax, all trade negotiations with Canada are being ended immediately, adding that the U.S. holds a stronger position in the matter.
- The termination signals a trade breakdown as Canada may renegotiate the tax while U.S. officials prepare investigations and possible additional restrictions.
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A measure of the U.S. government takes place less than two weeks after leaders have met to negotiate. It would be an announcement from the Canadian government that former US President Ronald Reagan would have been disappointed.
·Bonn, Germany
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The US-Canada tariff dispute flares up again. US President Donald Trump ends the talks – because of a Canadian commercial. US President Donald Trump declared all trade talks with Canada to be over on Thursday (local time). As a reason, he called a misleading commercial in his view, in which former US President Ronald Reagan makes a critical statement about tariffs. "Due to their outrageous behaviour, all trade negotiations with Canada are hereby…
·Germany
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Coverage Details
Total News Sources740
Leaning Left136Leaning Right96Center196Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 32%
C 46%
R 22%
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