EXPLAINED: What is Canada’s Digital Tax & Why it TRIGGERED Trump to KILL All Trade talks? |Trade War
Video Credit: Oneindia - Duration: 03:37s - Published
EXPLAINED: What is Canada’s Digital Tax & Why it TRIGGERED Trump to KILL All Trade talks? |Trade War
Explained!
Why President Trump abruptly ended all trade talks with Canada.
Trump called Canada's Digital Services Tax a “direct & blatant attack” on U.S. firms. The tax, retroactive to 2022, targets tech giants like Amazon, Meta, and Google, sparking fierce backlash.
Trump also threatened new tariffs on Canadian exports, reigniting major trade tensions.
With over 80% of Canadian exports headed to the U.S., the move could disrupt industries and escalate economic strain on both sides of the border.
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