Trump ends all U.S. trade talks with Canada over digital services tax

President Donald Trump connected Friday said the United States is instantly "terminating ALL discussions connected Trade with Canada" successful effect to Ottawa's determination to enforce a digital services tax connected American tech firms.

Trump's announcement connected Truth Social accused Canada of "copying the European Union" with the "egregious" tax.

"We volition fto Canada cognize the Tariff that they volition beryllium paying to bash concern with the United States of America wrong the adjacent 7 time period," Trump added.

The bureau of Canadian Prime Minister Mark Carney did not instantly respond to CNBC's petition for comment.

The president's aggravated declaration abruptly imperils America's commercialized narration with a adjacent state that has agelong been 1 of its apical 2 planetary trading partners.

U.S. goods commercialized with Canada totaled astir $762 cardinal past year, according to the bureau of the U.S. commercialized representative.

Read Trump's afloat post:

We person conscionable been informed that Canada, a precise hard Country to TRADE with, including the information that they person charged our Farmers arsenic overmuch arsenic 400% Tariffs, for years, connected Dairy Products, has conscionable announced that they are putting a Digital Services Tax connected our American Technology Companies, which is simply a nonstop and blatant onslaught connected our Country. They are evidently copying the European Union, which has done the aforesaid thing, and is presently nether treatment with us, also. Based connected this egregious Tax, we are hereby terminating ALL discussions connected Trade with Canada, effectual immediately. We volition fto Canada cognize the Tariff that they volition beryllium paying to bash concern with the United States of America wrong the adjacent 7 time period. Thank you for your attraction to this matter!

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