End of Negotiations: Trump Sharply Changed Course in Dialogue with Canada on Tariffs.

End of Negotiations: Trump Sharply Changed Course in Dialogue with Canada on Tariffs
End of Negotiations: Trump Sharply Changed Course in Dialogue with Canada on Tariffs
US President Donald Trump announced the cessation of all trade negotiations with Canada due to the introduction of a digital tax on American technology companies. In his message on the social network Truth Social, he called Canada's decision an 'outrageous tax' and announced the imposition of new import tariffs on goods from that country.

It is known that President Trump considers this decision unacceptable, as he believes it to be a violation of cooperation and a copy of the European Union's policy. This decision was unexpected for many, as the possibility of a broad trade agreement between the two countries had recently been discussed.

Canada introduced a digital tax on foreign companies operating in the country but not being tax residents, which became one of the main reasons for the cessation of trade negotiations with this country. This situation could have serious consequences for economic relations between the US and Canada, as well as affect trade agreements and partnerships between these countries in the future.

Summary: US President Donald Trump halted trade negotiations with Canada due to the introduction of a digital tax on foreign technology companies. This decision could seriously undermine relations between the countries and impact future cooperation in trade.


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