BusinessWorld

Trump halts trade talks with Canada over digital tax on U.S. tech firms

U.S. President Donald Trump announced Friday that he is ending all trade negotiations with Canada in response to Ottawa’s decision to impose a digital services tax on American technology companies.

In a post on Truth Social, Trump criticized Canada’s move as a “direct and blatant attack” on the United States, describing the country as “very difficult to do business with,” citing long-standing disputes such as high tariffs on U.S. dairy exports.

“We just learned that Canada… has just announced that they will impose a digital services tax on our technology companies,” he said. “Because of this tax, the United States is ending all trade talks with Canada effective immediately.”

Trump added that the U.S. would notify Canada within seven days of new tariffs it will face for doing business with the U.S., accusing Canada of following the European Union’s lead in targeting American tech firms.





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