🇺🇸 #Trump Declares Trade War on Canada — TruthSocial
⏺ Canada has imposed a digital services tax on American tech companies — which Trump called “a blatant attack” and accused Canada of copying the EU’s approach.
⏺ In response, the U.S. is halting trade negotiations and will announce retaliatory tariffs on Canadian goods within 7 days.
⏺ Trump also lashed out at Federal Reserve Chair Jerome Powell, saying interest rates should be cut to 1%, criticizing Powell’s economic leadership.
⏺ The U.S. Treasury confirmed that starting Monday, Canada will enforce the retroactive tax, and preparations for Section 301 tariffs are already underway.