Trump ends all US trading negotiations with Canada over digital tax tax

US President Donald Trump speaks during a meeting with Canadian Prime Minister Mark Karni at the G7 summit in Cananoskis, Albert, Canada, June 16, 2025.

Kevin Lamark | Reuters

President Donald Trump Friday said the US immediately “stop all discussions on trade Canada‘In response to the Ottaw’s decision to impose Digital Services tax At American technology firms.

Trump’s announcement further The truth is social The accused Canada in “copying the European Union” with “outrageous” tax.

“We will inform Canada they will pay for business with the United States of America for the next seven -day period,” Trump added.

Read the full Trump post:

“We have just been informed that Canada, a very complicated trade country, including the fact that they charge our farmers as many as 400% of the tariffs, for years, on dairy products, just announced that they put a tax on digital services on our US technology companies, which is a direct and obvious attack on our country. Both now, and now with us is now a matter of trading with Canada, we will immediately inform Canada that they will pay for the United States for the next seven -day period.

Canadian Prime Minister Mark Karnya did not immediately respond to CNBC’s request for comment.

The angry President’s Declaration suddenly causes America’s trade relations with a close ally, which has long become one of the top two world trading partners.

Last year, US goods trade with Canada amounted to approximately $ 762 billion, the office reports American trading representative.

The first payments from the Canada’s digital tax, which was adopted last year and is used by the back number by 2022, is planned to be collected on Monday. The tax would suffer both internal and foreign technology companies, including US giants such as Amazon. Google and Meta.

Canadian officials said this month would be Don’t set pause taxDespite the US opposition

This is conducting the news. Please update updates.

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