Trump Rages at Canada, Terminates All Trade Discussions
By: Alex Griffing (Mediaite)
S E E D E D C O N T E N T
President Donald Trump announced on Truth Social on Friday that he was "terminating" all trade talks with Canada and that he will unilaterally decide the tariff on America's northern neighbor within seven days.
"We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country," wrote Trump, adding:
They are obviously copying the European Union, which has done the same thing, and is currently under discussion with us, also. Based on this egregious Tax, we are hereby terminating ALL discussions on Trade 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. Thank you for your attention to this matter!
Trump's on-again, off-again tariffs have roiled markets in recent months, causing stock market dips and surges as he adds and then rescinds tariffs on major trade partners. Canada is the U.S.'s second-largest trading partner and currently has a 25% tariff placed on all non-USMCA goods. Trump excluded Canadian energy imports from the 25% tariff as well, instead slapping a 10% levy on energy imports from the country. Canada is also paying Trump's global 50% tariff on steel and aluminum, as it is the U.S.'s largest importer of those vital materials.
Trump has set a July 9th deadline for all trade agreements to be finalized, or larger tariffs will kick in globally. Treasury Secretary Scott Bessent suggested on Friday, however, that the deadline may not be a firm one. "If we can ink 10 or 12 of the important 18 … then I think we could have trade wrapped up by Labor Day," Bessent told Fox Business Network.
This is a developing story and has been updated.
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wait for the taco
I guess trump showed them who the most ignorant badass is in north america ...
That tariff ONLY applies on dairy products THAT EXCEED a specific volume THAT HAS NEVER BEEN REACHED AND MOST LIKELY NEVER WOULD BE. That is YET ANOTHER Trump fantasy upon which he bases his decisions.
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He knows Canadians are laughing at him so he will do his best to punish them for it.
How long have trade talks with Canada been going on?
I think we reached an impasse. If it only hurts the US, Canada shouldn't have any complaints, right?
Since when has Trump been concerned about how much he hurts other countries, and in fact the whole world INCLUDING AMERICANS?
He has only one country to worry about, and he has served it well.
We'll see.
I'm sure that Putin has no complaints.
Most Americans on the other hand.....
He has obliterated our standing in science, healthcare and education... Yeah, doing great
Aw, we are only getting 7 days instead of the 'standard' 14? That'll teach you for bailing out Kushner, Carney.
cool. now no members of the trump dynasty will be able to escape the US or continent by ground transportation ...
trump will now declare a a national security emergency and award no bid contracts to harvest our national park forests ...
I feel like he has to be a pretty big asshole to think of Canada as “difficult.”
It must be that Canada will not kiss Trumps ass, or lick his feet as he demands from everyone he considers lower than himself, which includes everyone world wide.
If only Trump was as good as he thinks he is.