Saturday, June 28, 2025
HomeLocalCanadaDonald Trump announces to end commercial negotiations with Canada

Donald Trump announces to end commercial negotiations with Canada

Similarly,

Donald trump announces end commercial:

Donald Trump puts an end to trade negotiations with Canada. Nevertheless, “a country with which it is very difficult to trade”. In addition, This is what he announced on Friday afternoon on his social network. Similarly, in a message where he describes the Canadian tax on the digital “flagrant attack” services against the United States.

“We will let Canada know the customs duties he will pay to do business with the United States in the next seven days. Therefore, ” added the American president.

He justifies his decision by the taxation by Canada of a tax which aims at the American digital giants – the Google. Furthermore, Apple, Meta, Amazon and Microsoft of this world -, which are often accused of not paying their fair share of tax. Canada “obviously copies the European Union, which has done the same thing,” says Trump.

The donald trump announces end commercial tax, voted last year, amounts to 3 % of Canadian digital service income. It targets companies that generate global turnover greater than $ 1.1 billion per year and whose annual revenues in Canada exceed 20 million.

Ottawa must start to take this new puncture on June 30, with a retroactive effect over three years. US companies may therefore have to pay for some US $ 2 billion at the end of the month. (the equivalent of around 2.74 billion Canadian dollars).

In the past few weeks. several organizations, including the Canada Chamber of Commerce, and business representatives have called for the elimination or suspension of the tax. They feared in particular retaliatory measures by the American government.

The price of the prices continues – Donald trump announces end commercial

This new rebound in the trade war that President Trump delivers to the rest of the world targets this time a partner who was partially spared by customs duties donald trump announces end commercial on American imports. gracked the Canada-US-Mexico (ACEUM) agreement.

However, Canada remains subject to various customs duties, notably on aluminum, steel and products not in accordance with ACEUM.

At the G7 summit in Kananaskis. in mid-June, Donald Trump had however agreed with Mark Carney to arrive at a commercial agreement by mid-July. A perspective that seems all the more improbable following the president’s announcement.

Business leaders. industry representatives have also said that the Ottawa negotiation team had questioned them in the past few weeks to determine the level of prices they could bear, reported the Globe and Mail Friday.

“Complex negotiations”

In Prime Minister Carney’s office. we assure that “the Canadian government will continue to engage in these complex negotiations with the United States in the best interests of our workers and our companies”.

“I am disappointed that the commercial negotiations have been interrupted,” wrote the conservative chief Pierre Hairyvre on X. He suggests to the donald trump announces end commercial government various measures to “strengthen the economy of Canada”. including the abolition of the industrial carbon tax and the ceiling of the emissions greenhouse gas.

The chief of the Quebec Bloc. Yves-François Blanchet, says that “the Prime Minister neglects these issues [relatifs à la crise tarifaire] since the election [et] failed to raise the prices despite his promise [faite] during the G7 ”.

With the France-Presse agency and the Canadian press

To watch in video

Further reading: Beginning of talks between Europeans and Iran: the salient facts | Live coverOh Canada celebrates its 45th anniversary as an official Canadian national anthemSexual assault of a minor: a teacher from the Beauce accusedThe gross domestic product in Canada fell 0.1 % in AprilHow to celebrate Canada Day in Montreal and Quebec on July 1, 2025?.

ava.clark
ava.clark
Ava writes about the world of fashion, from emerging designers to sustainable clothing trends, aiming to bring style tips and industry news to readers.
Facebook
Twitter
Instagram
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

- Advertisment -

Most Popular

Recent Comments