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Jun 28, 2025
Trump halts trade negotiations with Canada
Trade talks between the US and Canada just hit a wall.
Donald Trump announced he's pulling out of negotiations after Canada enacted a digital services tax last year that targets big American tech companies.
These firms now have to pay up by June 30, which didn't sit well with the US side.
TL;DR
Canada is considering updating its own tariffs on US metals
Trump also warned that new tariffs on Canadian goods are coming soon, which could make things pricier for both countries.
In response, Canada is considering updating its own tariffs on US metals—though this depends on whether a new trade deal can be reached in the next month.
Trade relations between the neighbors are definitely feeling strained right now.