Trump says he is cutting off trade talks with Canada

AFP/GettyUS President Donald Trump has stated he’s slicing off commerce talks with Canada “instantly” because the nation appears to begin implementing a tax coverage concentrating on massive tech corporations. The newest transfer, which he introduced on social media, comes because the neighbouring nations had been working to agree a commerce deal by mid-July.Each international locations have imposed tariffs on one another’s items after Trump sparked a commerce struggle earlier this 12 months and threatened to annex Canada utilizing “financial pressure”.On Friday, the US president stated he was ending talks because of what he referred to as an “egregious tax” on tech corporations. He stated he would announce new tariffs on items crossing the border throughout the subsequent week. “We’re hereby terminating ALL discussions on Commerce with Canada, efficient instantly,” he wrote on social media. “We’ll let Canada know the Tariff that they are going to be paying to do enterprise with the US of America throughout the subsequent seven day interval.”