President Donald Trump On Friday, it was found that the United States “assumes all discussions about trade with Canada“In response to Ottawa's decision to impose Digital services tax About American technology companies.
Trump's surprise about Social truth He accused Canada of “copying the European Union” with a “gross” tax.
“We will inform the Canada tariff that they will pay for business with the United States of America in the next seven days,” added Trump.
Read Trump's full post:
“We have just been informed that Canada, a very difficult country to trade, including the fact that they accused our farmers of as many as 400% of tariffs, for years, to dairy products, just announced that they put up digital services on our American technology companies, which are a direct and glaring attack on our country. This end of all discussions with Canada will immediately inform Canada that you will pay for the operation of the activity in United States over the next seven days.
The office of the Canadian Prime Minister Mark Carney did not immediately answer at the request of CNBC for comment.
The furious declaration of the president suddenly threatens America's trade relationship with a close ally, which has long been one of the two best global trading partners.
According to the office, last year, trade in goods in the USA with Canada was about $ 762 billion USA commercial representative.
After the announcement of Trump, S&P 500 and NASDAQ composite Both became negative, withdrawing from Record ups They arrived earlier on the same day.
The first payments from the Canadian tax on digital services, which was adopted last year and applies with retrospective power by 2022, will be collected on Monday. The tax would affect both domestic and foreign technology companies, including American giants such as AmazonIN Google AND Finish.
Canadian officials said this month that they would not stop tax on digital servicesDespite the cruel opposition from the United States.