President Donald Trump said on Friday that he stops Business negotiations with Canada On his plans to continue his tariffs on technology organizations, which he called “direct and open attack on our country.”
Trump, in a post on its social media network, said Canada had notified America that it was holding its plan to impose a digital service tariff, which applies to Canadian and foreign businesses that partners with users in Canada. Taxes have been imposed on Monday.
“On the basis of this bad tariff, so we suspend all negotiations on trade with Canada, immediately. We will allow Canada to know the tax that they will pay to trade with the American American over the seven -day period,” Trump said in his post.
Trump's announcement was the latest Business War He has been launched since taking office for the second term in January. Development with Canada has been a roller coaster, starting with the president of the northwashing the nation's neighborhood and suggested it would be repeatedly absorbed as State of America.
Canadian Prime Minister Mark Carney said on Friday that his country would “continue to make this difficult negotiation for the benefit of the Canadians. It's a negotiation.”
Trump later said he expects that Canada will withdraw tariffs.
“Economically we have such power over Canada. We wouldn't want to use it,” Trump said in the Oval office. “It won't work well for Canada. They were fools to make it.”
Asked if Canada could do anything to resume negotiations, he suggested Canada be able to withdraw taxes, he predicted it would be but said, “It doesn't matter to me.”
Carney He visited Trump In May at the White White House, where he was respectful but consistent. Trump last week traveled to Canada for G7 Conference In Alberta, where Carney said that Canada and America had set a 30 -day deadline for business negotiations.
Dijitic service tariffs will hit the company as well as Amazon. Google. MetaUber and Airbnb and a 3% tariff on revenue from Canadian users. It will be used again, leaving American companies with a $ 2 billion US bill from the end of the month.
“We thank the administrative response to Canadian discriminatory tariffs on American digital transportation,” Matt Schruers, chief executive of the Computer and Communications Association said in a statement.
Canada and America have been discussing simplifying A series of elevation tariffs set on the product from the American neighborhood.
The Republican president previously told reporters that America was preparing to send letters to different countries, telling them about the new tax rate that his administration would force them.
Trump has imposed a 50% tariff Iron and aluminum and 25% tariffs on autos. He is also leaving 10% tariffs on imports from many countries, although he could increase the rates on July 9, after the 90 -day period of negotiations he could end.
Canada and Mexico face a different tariff of about 25% that Trump set under the goals of fentanyl blocking, although other products are still protected under the 2020-MExico-Canada agreement signed during Trump's first time.
Addressing reporters after a private meeting with Republican senators on Friday, Treasury Secretary Scott Bessent refused to comment on the news that Trump had ended the business talks with Canada.
“I was at a meeting,” Bessent said before proceeding to the next question.
About 60% of American crude oil imports are from Canada, and 85% of American electricity imports as well.
Canada is also the largest exotic retailer of iron, aluminum and uranium in America and contains 34 minerals and minerals that the Pentagon has a desire to get.
About 80% of Canadian exports go to America
Daniel Beland, a professor of political science at McGill University in Montreal, said it was a matter of domestic tariffs, but it has been a source of tension between Canada and Merika because it focuses on American technology heads.
“The digital service tax law was signed as a law a year ago so the advent of this new tariff has long been known,” Beland said. “Still, President Trump waited before his implementation to create a drama on him in the context of the ongoing and reliable trade negotiations between the two countries.”