President Donald Trump announced on Friday that he was ending all commercial talks with Canada after the country decided to move forward with the digital services tax on American technology companies such as Meta. The president, who also stated a high dairy tariff, described Canada as a very difficult country to circulate it, “in fact, in a social publication. Trump was distinguished by the digital services tax as” a direct attack and beating on our country. “
The new Canadian procedure imposes a 3 % tax on the revenues of the digital services made by users in the country for companies that generate more than 20 million Canadian dollars (14 million US dollars). We will start collecting it on Monday, according to what he said. Bloomberg News.
“It is clear that they are copying the European Union, which did the same, and is currently discussing with us,” Trump wrote on Social truth. “Based on this terrible tax, we end all discussions about trade with Canada, immediately.”
The Digital Services Tax Law was issued a year ago, but there was some hope on the American side that it would be disposed of before its implementation. Trump went on to suggest that he would impose a new tariff on the Canadian goods that were exported to the United States, although he did not indicate this.
“We will tell Canada to know the customs tariff that you will push to work with the United States of America during the next seven days. Thank you for your interest in this issue!” Trump wrote, using common login now.
The new Canadian digital services tax also applies to a return retroactively until 2022. Trump was threatening the Canadian annex, called the 51st American State, even before he took office for the second time in January. Relationships with Canada have become incredibly hostile thanks to Trump’s unnecessary provocations.
Trump imposed a tariff on the entire world after announcing “Tahrir Day” on April 2Which slapped at least 10 % on all goods coming to the United States from every nation in the world. For several months, the president’s team was negotiating with other countries, but so far it has never actually signed a strong deal with any of the largest commercial partners in America. According to what was reported, the United States and China agreed The rare land dealThe United Kingdom has approved a commercial agreement in principle, but Trump negotiating continues to enter TV to insist on real and comprehensive deals around the corner or lower.
Trump had previously promised 90 deals in 90 days, but this simply did not happen. Trade Minister Howard Lootnick told Bloomberg on Friday that the United States is “close to the finish line” in a deal with India, but they say this for weeks. There was early speculation in April that India may be the first to sign a new business deal with the United States
Trump felt frustrated by the economic policy locally because the so -called beautiful night of his night did not make his way to his office to sign. The bill is a huge tax reduction for the richest Americans and will kick nearly 10 million people from Medicaid. Trump was hoping to sign the draft law by July 4 for Independence Day, but it remains to see whether it would happen. But the president wrote on Social truth After his position in Canada, he was looking forward to the Republicans who were taking place on the specified date.
“The House of Representatives must be ready to send it to my office before the fourth of July,” Trump wrote. “We can accomplish it. It will be a great celebration for our country, and it is now” the most important country in the world. “
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