President Trump has suspended all trade discussions with Canada, criticizing its digital services tax aimed at web giants, which he claims disproportionately affects U.S. companies. He insists that negotiations cannot resume until Canada removes this tax, which he believes is detrimental to Canada's economy. This move comes amidst ongoing talks regarding U.S. tariffs on Canadian goods, which have already resulted in significant economic downturns for Canada. Trump underscores the U.S.'s considerable influence over Canada, suggesting that economic realities will force Canada to reconsider its taxation strategy.
President Trump expressed frustration over Canada's digital services tax, stating that negotiations will only resume once the tax is removed, emphasizing U.S. leverage in the situation.
In response to the newly implemented digital services tax by Canada, President Trump declared a halt to trade discussions, insisting it must be rescinded for negotiations to continue.
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