"Trump has accused Canada of imposing unfair taxes on US technology companies, declaring an end to trade talks in response to a new digital services tax."
"The US stock markets have surged amid signs of a cooling trade war, despite Trump's abrupt termination of negotiations with Canada over trade issues."
Donald Trump has abruptly announced the termination of trade talks with Canada, blaming the country for imposing a digital services tax on US technology firms. This comes after recent positive developments in US trade negotiations with China. The new tax is set to cost American companies around $3 billion, leading Trump to characterize it as a blatant attack. With trade relations strained, the US markets have shown resilience, hitting new highs amidst the ongoing trade war, indicating a complex economic situation unfolding.
Read at www.theguardian.com
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