Trump Halts Canada Negotiations Over 'Severe' Tariffs and Tech Taxes

Former President Donald Trump announced a halt to all negotiations with Canada, citing what he described as Canada's 'foolish' imposition of taxes on American tech companies and 'very severe' tariffs on US dairy products. Speaking on the matter, Trump stated, "Canada put a charge on some of our companies... and they charge us 400% on some dairy products. Nobody writes that. It's not fair to our farmers and we've got to protect our farmers." He emphasized the United States' significant economic leverage over its northern neighbor, adding, "Economically, we have such power over Canada. I'd rather not use it." The former president indicated that discussions would remain suspended until Canada 'straightens out their act' regarding these trade practices. This development signals a potential escalation in trade tensions between the two countries, with implications for various sectors.