President Donald Trump said the United States is ending trade talks with Canada, which is immediately effective, with digital services that will affect US -tech companies. He also promised to announce more taxes on Canada next week, “They will pay for business with the United States.”
Canada’s Digital Services Tax (DST) is ready to be implemented on June 30, though it will have to retreat. According to US companies are preparing to pay the Canadian government about $ 2.7 billion to cover the tax from consumers in the country for a three percent tax. Companies, including Amazon, Google, Meta, Uber and Air BNB, are subject to this, as matters stand.
In his post on Friday, Trump called the DST “a direct and clear attack on our country.” During a trade talks with the United States with the US Finance Minister, Francois-Flip Champion, this month said that the country was . Trump and Prime Minister Mark Carney Their purpose was to reach the trade agreement by July 20.
Since taking office in January, Trump has been using prices as a tactic of negotiations with other countries. America This week with China on rare Earth Minerals, and soon it is ready to reproduce some Levies.
The DST has been the backbone of a conflict between the United States and Canada for years. Biden Administration Last year imposed under the United States-Mexico-Canada Treaty.
Other jurisdictions have also considered or imposed similar taxes. It was reported in May that Germany was on a platform like Google and Facebook.