BREAKING: Trump Terminates All Trade Talks with Canada
BREAKING: Trump Terminates All Trade Talks with Canada
Trump Ends Trade Talks with Canada
President Donald Trump announced on Friday, June 27, 2025, that the United States is immediately terminating all trade discussions with Canada. This decision comes in response to Canada’s implementation of a digital services tax targeting American technology companies, which Trump described as an “egregious” and “direct and blatant attack on our country”.
Additional details:
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Trump stated that the U.S. will inform Canada of the new tariff rates it will impose on Canadian exports within the next seven days.
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The U.S. president also criticized Canada for previously imposing high tariffs—up to 400%—on U.S. dairy products, calling Canada a “very difficult Country to TRADE with”.
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Canada’s digital services tax, set to take effect on Monday, will impose a 3% levy on revenue from Canadian users, impacting companies like Amazon, Google, Meta, Uber, and Airbnb. Retroactive payments are expected to cost U.S. tech firms approximately $3 billion USD.
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The breakdown in trade talks occurred just a week after Trump met with Canadian Prime Minister Mark Carney at the G7 summit in Alberta.
This development marks a significant escalation in U.S.-Canada trade relations and introduces new economic uncertainty for both nations.
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Mark Carney is turning Canada into a s#@t hole! 🇻🇳🇻🇳🇻🇳💩💩💩💪💪💪