Trump says he’s “terminating all discussions on trade with Canada, effective immediately”

President Trump says that he is “putting an end to all discussions on trade with Canada, to count immediately”, after Canada announced a digital service tax on major foreign and national technology companies.

Publication on Social truth Friday afternoon, the president said that the United States will know in Canada what its rate rate will be in next week. The presentation of trade discussions only occurs only a week after the president met Canadian Prime Minister Mark Carney to the group of seven Economic Summit in Alberta.

“We have just been informed that Canada, a very difficult country with whom to exchange, including the fact that they have billed our farmers up to 400% of prices, for years, on dairy products, has just announced that they are putting a tax on digital services on our American technological societies, which is a direct and obvious attack on our country,” wrote the president. “They obviously copy the European Union, which has done the same thing, and is currently in discussion with us, also. Based on this blatant tax, we put an end of all discussions on trade with Canada, with immediate effect.”

Canada’s digital services tax, which was promulgated last year, will strike the technology giants like Amazon, Alphabet (Google’s parent company), Meta and Uber with a 3% tax on user income in Canada. The Associated Press reports that the retroactive tax bill should cost US companies for $ 2 billion at the end of June.

The position came shortly after Mr. Trump told journalists in a press conference At the White House, he will soon send letters to countries with which commercial discussions do not go well and will tell them what their rate rate is.

Canada is one of the largest business partners in the United States. The United States has imposed prices on most imports from Canada, and Canada retaliated with American export prices to Canada.

Prime Minister Carney said Canada “would continue to carry out these complex negotiations in the best interests of Canadians. It is negotiation”.

Candace Laing, president and chief executive officer of the Canadian Chamber of Commerce, said in a statement: “Negotiations go through peaks and valleys. With the deadlines, a few last minute surprises should be expected.” She has added: “The tone and the tenor of the talks have improved in recent months, and we hope that progress has continued.”