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Tag: US-Canada Trade

Donald Trump Threatens Imminent 25% Tariffs on Canada and Mexico

Donald Trump Threatens Imminent 25% Tariffs on Canada and Mexico

Donald Trump Threatens Imminent 25% Tariffs on Canada and Mexico Former U.S. President Donald Trump has issued a stark warning, threatening to impose a significant 25% tariff on goods imported from both Canada and Mexico within days. The potential move signals a renewed focus on protectionist trade policies, echoing strategies from his previous administration. While the specifics of the threat remain to be fully detailed, the announcement has immediately sparked concerns among key trade partners and businesses reliant on established…

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Canada Scraps Digital Services Tax Amid US Pressure, Trade Talks Set to Resume

Canada Scraps Digital Services Tax Amid US Pressure, Trade Talks Set to Resume

Canada Scraps Digital Services Tax Amid US Pressure, Trade Talks Set to Resume Canada has abruptly abandoned its controversial plan to impose a new digital services tax on major American technology firms, a decision made just hours before the levy was set to take effect. The move follows intense pressure from U.S. President Donald Trump, who had fiercely condemned the tax as a direct attack on American interests and halted ongoing trade negotiations. The proposed 3% levy on revenue from…

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