U.S. President Donald Trump said Friday he’s terminating all trade discussions with Canada effective immediately.

“We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period,” Trump said in a social media post.

He says he’s pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.

Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau’s government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.

  • intheformbelow@lemmy.worldEnglish
    15·
    9 hours ago

    I’m in favour of gradual weakening of the US leading to its ultimate dismantling. The sub-300 year experiment has clearly failed, so there’s zero reason for the US to exist in its current form.

    • NotSteve_@lemmy.caOPEnglish
      7·
      9 hours ago

      Yeah I kind of believe that NA would work better as a bunch of smaller countries in an agreement similar to the EU. I say that as a Canadian who’s politics aren’t as much a dumpster fire too