🇺🇸🇨🇦🚨BIG NEWS🚨🇨🇦🇺🇸

Trump Ends Trade Talks With Canada‼️

• Today Donald Trump abruptly ended trade negotiations with Canada after Prime Minister Mark Carney’s government introduced a 3% digital services tax (DST) on U.S. tech giants like Amazon, Meta, and Google retroactive to 2022.

• Trump labeled the tax an “economic attack” and announced that new tariffs on Canadian goods will be revealed within a week.

• He also criticized Canada’s 400% dairy tariffs and accused it of mirroring EU’s anti-U.S. tax strategies.

🔥 Tariff War Ahead?

• The U.S. already imposes 25–50% tariffs on Canadian steel, aluminum, and autos.

• Canada retaliated in the past with duties on U.S. agricultural goods, and more countermeasures are expected.

⚠️ Fallout: USMCA Talks Collapse

• Hopes to resolve disputes via the USMCA framework have collapsed.

• Canada is reviewing its own tariffs, and diplomatic relations between the two countries are quickly deteriorating.

📉 Crypto Impact: Short-Term Volatility, Long-Term Opportunity?

• Increased trade tension = higher market uncertainty → typically bullish for Bitcoin as a hedge asset.

• If U.S. tech stocks fall due to DST pressure, crypto may temporarily dip with broader tech sentiment.

• But: More hostility toward centralized trade deals might drive interest in decentralized finance (DeFi) and cross-border crypto solutions as alternatives.

🔮 Bottom Line:

A trade war between the U.S. and Canada could cause short-term turbulence, but also boost crypto adoption as investors seek decentralized, borderless alternatives in times of global economic friction.

#BinanceSquareTalks #Trump $TRUMP