Trump says he cuts commercial conversations with Canada

US President Donald Trump said he is cutting commercial talks with Canada “immediately” as the country is looking to start implementing a tax policy targeting large technology companies.

This last step, which he announced on social media, comes at a time when neighboring countries were working to agree to a commercial deal by mid -July.

Both countries imposed a tariff on each other’s commodities after Trump ignited a trade war earlier this year and threatened the Canadian annex using “economic power”.

On Friday, the US president said he is ending talks because of what he called a “terrible tax” on technology companies and added that he would announce a new tariff for goods that cross the border during the next week.

“We end all discussions about trade with Canada, immediately effective,” he wrote on social media.

“We will tell Canada with the knowledge of the tariff you will push to work with the United States of America during the next seven days.”

Later in the Oval Office, President Trump told reporters that the United States has “all cards”.

“From an economic point of view, we have such strength on Canada. I prefer not to use it,” he added.

In brief comments on the correspondents, Prime Minister Mark Carney suggested that the talks would be grinded.

“We will continue to hold these complex negotiations in the interest of Canadians,” he said.

The 3 % digital services tax in Canada has been a point attached to its relationship with the United States since the age of law last year. The first payments are due on Monday.

Business groups can cost American companies, such as Amazon, Apple and Google, more than billions of dollars per year. Other countries have a similar tax in the place, including the United Kingdom, France and Italy.

Canadian officials said they expect to address the case as part of the trade talks with the United States.

There were hopes that the relatively warm relationship that Carney recently designed with Trump could help these negotiations.

The president’s last step is in a future deal, although Trump has often used social media threats to try to have influence in conversations or accelerate negotiations he sees as stopping.

Last month, for example, he threatened to intensify definitions on goods that reach the beaches of the United States of the European Union, only to retreat After a few days.

“Surprises should be expected at the last minute,” said at the last minute, “said at the last minute,” as the line of the deadline for the deal.

She added, “The tone of Tenor has improved the talks in recent months, and we hope to see progress continues.”

Canadian Senator Hassan Youssef, who sits in a consulting council in Canada, told Prime Minister Carney, to the Globe and Post newspaper that he believes that Trump is trying to obtain a “financial crane” in the talks by pressing Canada.

“I think we do not interact with it,” Youssef said.

Meanwhile, some in Canada Carney’s business community called for canceling digital services tax. Goldi Haider, head of the Business Council in Canada, said on Friday that the tax is undermining Canada’s relationship with the United States and must be raised “to restore trade negotiations to the right track.”

In the Group of Seven in mid -June, Trump and Carne have set a final date for 30 days until a commercial deal is reached. It is not clear whether Trump’s recent comments affected this schedule.

During the first period of Trump, the White House fought strongly as many countries began to think about taxes on digital services.

But Eno Malack, a fellow in the Board of Foreign Relations, indicated that the issue was not resolved in the commercial deal that the United States and the United Kingdom reached earlier this year, indicating some flexibility.

She said that Trump’s threat seemed to be a step to intensify pressure from his book “PlayBook negotiating” – but he was also a sign of the president’s re -concentration on Canada, which could open the way for a deal.

“It provides some opening – perhaps it is not Prime Minister Carney … but it provides some space for them to accelerate these talks,” she said.

The United States is a commercial partner in Canada, buying more than $ 400 billion of goods last year under a long -term free trade agreement.

But Trump struck that trade with a new tariff by 25 % earlier this year, noting concerns about drug trafficking on the border.

The new US tariff for cars, steel and aluminum also hides relations. Car parts, for example, cross the border, Mexican and Canadian several times before the car is fully assembled and threatening import taxes.

Trump later exemptions for some goods in the face of a large -scale alarm from companies in both the United States and Canada, which returned with its own tariff for some American products.

The stocks fell in the United States on Friday after Trump said he was cutting the talks, but later bounced with the closure of the S&P 500 on a record level.