“Canada gave in/ President Trump knows how to negotiate,” the White House announces. Concession the United States has obtained
Karoline Leavitt, the press secretary of the White House Photo: Bonnie Cash / Upi / Profimedia
Canada has “ceded” in front of Donald Trump, giving up the tax applied to technological giants who caused US president to interrupt commercial negotiations with the neighboring state, Washington told the White House spokesman, Karoline Leavitt, AFP reports.
“It is very simple. Prime Minister (Mark) Cariy and Canada have given up in front of President Trump and the United States. President Trump knows how to negotiate and knows that he governs the best and best savings of the planet,” said Karoline Leavitt at a press conference.
“It was a mistake from Canada to want to apply this fee, which would have affected our technological companies here, from the United States,” added Leavitt.
Negotiations stopped by Trump
US President Donald Trump stopped commercial negotiations with Canada on Friday and will soon announce a new tariff level that the neighboring country will have to pay, according to statements made by the US leader on the Truth Social platform, on Friday, CNN reports.
The decision to put an end to the discussions, which were in progress for several months, came after Canada's announcement on the introduction of a tax on digital services, said Trump, who described it as “a direct and flagrant attack on our country.”
“In view of this revolting tax, we conclude all the discussions on the trade with Canada, with immediate effect. We will inform Canada about the fare that will pay to do business with the United States within seven days,” said the US President.
Concession made in extremis by Canada
Canada has eliminated the tax on digital services targeting US technology companies, in an effort to facilitate commercial negotiations with its neighbor, after President Donald Trump described the tax as a “direct and flagrant attack,” writes Financial Times.
Canada quitting technology fee to be able to advance in commercial negotiations with Trump
The decision to give up this tax, 3% on revenues for the largest technology companies, came a few hours before its entry into force, on June 30.
“Repealing the tax on digital services will allow negotiations on a new economic and security relationship with the US to make progress and to strengthen our efforts to create jobs and build prosperity for all Canadians,” said Canada Minister François-Philippe Champagne, in a statement issued on Sunday night.
