“Therefore this glaring tax We finish all talks regarding trade with Canada with immediate effect. Over the next seven days, we will inform Canada about the duties, which she will have to pay to run a business with the United States of America, “said Donald Trump, quoted by CNN.
“American companies, especially large technology companies such as Meta, Apple, Google, Amazon and Microsoft, are disproportionately affected by digital services taxaccording to the report published last year by the Non -Party Research Service of the Congress, “reminds CNN.
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He indicates that Donald Trump particularly criticized taxes on digital services during commercial negotiations with other countries, commonly calling them “trade barriers other than customs”. Canada has introduced a new tax on digital services, which will enter into force on Monday and will have reverse power by 2022.
The trade war between the USA and Canada is a problem for both countries
According to the Department of Trade Canada is the largest buyer of American goods, and imports last year amounted to $ 349 billion. At the same time, Canada sent goods to $ 413 billion to the United States last year, which makes it the third largest source of foreign goods.
“The imposition of higher duties on Canada would probably cause that the country would take retaliation, imposing higher duties on American goods. This would have a negative impact on the economy of both countries,” notes CNN.
The office of Prime Minister Marek Carney announced that The Canadian government is considering its answer.
At the beginning of his second term, Trump threatened to apply a 25 % duty to all Canadian export goods, and in the case of some products the rates were to be even higher. However, in the current situation, most Canadian goods were released from these 25 % duties, as long as they are in line with the agreement between the United States, Mexico and Canada, which Trump negotiated during his first term.
