Home » US Terminating All Trade Talks With Canada Over New Tax on US Tech Firms

US Terminating All Trade Talks With Canada Over New Tax on US Tech Firms

by Marko Florentino
0 comments


WASHINGTON (Sputnik) – President Donald Trump announced on Friday that the United States is halting all trade negotiations with Canada due to Ottawa’s decision to implement a new tax on American tech companies.

“We have just been informed that Canada… has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country,” Trump wrote in a Truth Social post.

“Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately,” the US president added.

In this March 23, 2018, photo, President Donald Trump speaks in the Diplomatic Room of the White House in Washington. A growing American economy and passage of a Republican tax overhaul appear to be helping Trump lift his approval ratings from historic lows - Sputnik International, 1920, 18.12.2024

Trump Says Canada Would Save on Taxes, Military Protection by Becoming 51st US State

Trump also stated that his administration will notify Canada of the tariff rate on its exports to the US within the next seven days.





Source link

You may also like

Leave a Comment

NEWS CONEXION puts at your disposal the widest variety of global information with the main media and international information networks that publish all universal events: news, scientific, financial, technological, sports, academic, cultural, artistic, radio TV. In addition, civic citizen journalism, connections for social inclusion, international tourism, agriculture; and beyond what your imagination wants to know

RESIENT

FEATURED

                                                                                                                                                                        2024 Copyright All Right Reserved.  @markoflorentino