Trump Slams Canada as ‘VERY DIFFICULT’ as US-Canada Trade Talks Ended; Warns 'We Have All The Cards'
Video Credit: Oneindia - Duration: 02:19s - Published
Trump Slams Canada as ‘VERY DIFFICULT’ as US-Canada Trade Talks Ended; Warns 'We Have All The Cards'
Trump launched a scathing attack on Canada after abruptly ending trade negotiations, calling the country “VERY DIFFICULT to deal with.” Trump claimed the U.S. holds all the leverage, warning Ottawa that “we have all the cards” as tensions escalate over Canada’s proposed digital tax on American tech giants.
The collapse of the talks has raised fears of a new trade war between Washington and Ottawa.
During the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar. He reaffirmed his threat of a 10% tariff on any country joining the alliance, claiming the measure “hit them very hard” and caused BRICS attendance to collapse. Trump emphasized the GENIUS Act’s role in cementing American leadership in crypto and finance, proudly noting, “They named it after me!”
He portrayed the protection of the dollar's reserve status as vital—comparable to “not losing a World War.” Meanwhile, the newly passed law establishes regulatory clarity for stablecoins, bolstering US dominance in digital currency while rejecting central bank digital currency. Trump delivered his usual bombast: BRICS must never “play games with us.” Critics point out there's little evidence BRICS plans a dollar coup, but Trump’s economic war strategy is on full display.
#TrumpVsBRICS #DollarDominance #GENIUSAct #TrumpTariffs #ProtectTheDollar #BricsCollapse #CryptoLaw #USReserveCurrency #StablecoinRegulation #TrumpSpeech #TariffThreat #BricsPay #EconomicWarfare #USFinanceLeadership #MAGA #GlobalDollar #TrumpCrypto #AntiBrics #TariffWar #DonaldTrump
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Amid escalating trade hostilities from Trump’s high‑tariff agenda, Canada is forging a bold new path. Industry Minister Mélanie Joly announced Ottawa’s plan to defend jobs and supply chains by intensifying economic diplomacy and forging trade ties beyond the U.S. “While the U.S. becomes weaker,” Joly declared, “we will become stronger.”
With Washington threatening a sweeping 35% tariff starting August 1—and even mooting 50% levies on copper and 200% on pharmaceuticals—Canada is accelerating deals with the EU and diversifying its export strategy. Prime Minister Mark Carney called urgent cabinet and provincial meetings to map out the response and signal unity. Ottawa remains poised not just to withstand the U.S. onslaught but to come out fortified. As global unpredictability grows, Canada is betting big on economic resilience and a multipolar trade future.
#canadatrade #trumptariffs #economicdiplomacy #tradewar #diversification
#ottawastrength #usacceleration #eutrade #supplychain #globalmarkets
#protectjobs #markcarney #melaniejoly #canadianexports #tariffthreat
#northamerica #economicstrategy #canadagetsstronger #trumpeconomics #worldtrade
Canada has officially scrapped its controversial 3% Digital Services Tax after former U.S. President Donald Trump halted all trade talks and threatened new tariffs. The tax, set to target tech giants like Amazon, Google, and Meta, faced intense U.S. backlash. Finance Minister Champagne said rescinding the tax is essential to reviving stalled negotiations. Ottawa had previously vowed not to yield, but with over 80% of Canadian exports reliant on the U.S., the rollback clears the way for renewed talks ahead of a July 21, 2025 deadline.
#Canada #DigitalTax #Trump #USCanadaTrade #TradeTalks #Amazon #Meta #Google #TechTax #TariffThreat #DigitalServicesTax #Ottawa #MarkCarney #USExports #TradeFreeze #BreakingNews #EconomicPolicy #TradeDeal #CanadaUSRelations #FinanceMinister #TradeReversal #DigitalEconomy #CanadaBacktracks #TrumpTariffs #TaxRollback #BilateralTalks #GlobalTrade
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