President Donald Trump said on Friday to suspend Trade conversations with Canada Through its plans to continue taxes on technological companies, which called a “direct and rude attack on our country”.
Trump, in the post on his network of social media network, that Canada had just informed the United States to pour on his plan to impose the tax on digital services, which refers to the Canadian and foreign companies engaged in online users in Canada. The tax is set into effect on Monday.
“Based on this horrible tax, we also look at all channel trade discussions, immediately. We will inform Canada that in the next seven days will start operating with the United States in the next seven days.”
Trump’s announcement was the most recent transportation Trade war It was launched from another term in January. Progress with Canada is Roller Coster, starting from the American president who knocked at the northern Nations Neighbor and suggests that it will absorb it State.
Canadian Prime Minister Mark Carney said Friday that his country would “continue to lead these complex negotiations in the best interests of Canadians. It is negotiation.”
Later, Trump said that he expected Canada to remove the tax.
“We have such power over Canada. We would rather not use it,” said Trump in the Oval Office. “It won’t work well for Canada. They were stupid to do it.”
When asked if Canada could do anything to restart conversations, suggested that Canada could remove tax, predicts that he would say that, “It doesn’t matter to me.”
Carney visited Trump In May in the White House, where he was kind but firm. Trump traveled to Canada last week G7 Summit In Albert, where Carney said Canada and the United States set a period of 30 days for trade negotiations.
Digital services will hit companies including Amazon, Google, TargetUber and Airbnb With 3% of income from the user of Canadian users. It will be applied retroactively, leaving American companies with an American account of $ 2 billion due to the end of the month.
“We appreciate the decisive response of the administration on the discriminatory tax on Canada on American digital export,” Mat Schuers, the Executive Director of the Computer Association and the Communication Industry, said in the statement.
Canada and US talked to mitigate The Steep Tariff Series Trump imposed to the goods from the American neighbor.
Previously, the republic president of journalists had soon prepared for sending a letter to different countries, informing them about the new tariff rate that will impose its administration.
Trump imposed 50% tariff on Steel and aluminum as well as 25% of carifs on the car. It also charges import taxes in most countries, although it could set rates 9. July, after 90 days ago.
Canada and Mexico faces separate tariffs of as many as 25%, which Trump has spaced the stoppage of fentanial smuggling, although some products are still protected within the American and Mexican in Canada, which was signed during Trump’s first term.
Addressing journalists after a private meeting with republican senators on Friday, Secretary of Treasury Scott Bessent refused to comment on the news that Trump finished trade talks with Canada.
“I was at the meeting,” said Bessent before crossing the next question.
About 60% of the import of crude oil is from Canada, and 85% of the American Import of Electricity.
Canada is also the largest foreign steel supplier, aluminum and uranium for the United States and has 34 critical minerals and metals to pentagon eager.
About 80% of Canada exports goes to the USA
Daniel Beland, Professor of Political Science at McGill University in Montreal, said it was a domestic tax issue, but it was a source of tension between Canada and the United States, because the target of American giants.
“The Law on Digital Services Tax was signed in law a year ago, so that the phenomenon of this new tax has been known for long,” Beland said. “Still, President Trump was waiting right before the application to create a drama over its context of current and very uncertain trade negotiations between the two countries.”
