Customs prices: Donald Trump cuts short for negotiations with Canada

President Donald Trump ends all negotiations with Canada regarding customs prices. Meanwhile, This is what he announced on Friday on his social social network. Consequently, by denouncing the new tax on digital services, which he takes for a “attack” against his country.

We have just been informed that Canada, a country with which it is very difficult to trade, […] announced that it will impose a tax on digital services. Moreover, which is a blatant and direct attack on our countryhe justified in its publication.

This tax will strike the revenues garnered by digital giants in Canada by 3 %. Similarly, Ottawa. however, did not take out this tax from its hat: the law on digital services tax received the royal sanction in June 2024.

Companies with income above $ 20 million in Canada have until customs prices: donald trump cuts Monday to produce their declaration for this new tax. In addition, which applies to their income made since 2022 in the country.

Due to this scandalous tax. Similarly, we put an end to all trade discussions with Canada, with immediate effecta écrit Donald Trump.

We will inform Canada of the price it will pay to do business with the United States in the next seven dayscontinued the president. Moreover, once again reiterating his erroneous argument that foreign countries are those paying for customs duties imposed in the United States.

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Later in the day. the American president described this tax as very severe At the Oval Office and said it will not come back to this decision before Canada Rectifies the shot.

I imagine that they can remove the tax. they will do it, but that doesn’t do much to mereplied the president when a journalist asked him what Canada could do to change his mind.

Economically, we have so much power over Canada, he added, in these circumstances, customs prices: donald trump cuts they should treat us better. He also denounced prices That Canada would impose on dairy products, in particular, seeming to refer to supply management.

Customs prices: donald trump cuts

Ottawa keeps the course

We will continue to carry out these complex negotiations in. the best interests of Canadiansonly reacted Canadian Prime Minister Mark Carney after a meeting of the Council of Ministers in Ottawa.

The leader of the Conservative Party Pierre Hairy said he was disappointed with this announcement. said he hoped that the negotiations will resume quickly. Ottawa should adopt emergency measures to strengthen Canada’s economyhe added in a declaration on X. demanding the abolition of environmental measures and the taxation of capital gains.

The President of the United States seems just to discover that the management of the offer exists. the law customs prices: donald trump cuts on internet multinationals tax (GAFAM) was passed last yearwas surprised the Blocker chief, Yves-François Blanchet, on X.

The Prime Minister has neglected these issues since the election. failed to raise the prices despite his promise during the G7 he denounced.

The Prime Minister of Quebec. François Legault, said that he was counting on The federal government to be able to remove prices, but also to keep the digital tax.

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Last week. the Federal Minister of Finance, François-Philippe Champagne, announced that he was held on this new tax, despite pressures to suspend it in the context of negotiations with the United States.

Both under Joe Biden. under Donald Trump, the White House has been pressure for months so that Ottawa is receding on this measure, Washington considering it discriminatory for American companies.

Mark Carney. Donald Trump had however reported bilateral exchanges constructive On the sidelines of the G7 summit in Alberta, in mid-June. The Prime Minister’s office even indicated that an agreement could occur before mid-July.

Radio-Canada also learned that a draft of economic and security understanding had exchanged between the two countries. Mark Carney had then assured that negotiations were progressing, customs prices: donald trump cuts but that Canada was still preparing to take reprisal measures.

China. the United States, between which were reigned for strong trade tensions in the spring, announced on Friday to have agreed on a general framework to smooth their disputes and lift the customs of customs which they imposed each other.