**Breaking News: Trump’s Trade Deal Crumbles as Canada Strikes Back**
In a shocking turn of events, President Donald Trump’s trade negotiations with Canada have collapsed, sending shockwaves through the economic landscape. Trump, who once boasted of his “deal-making” prowess, abruptly halted discussions over Canada’s newly implemented digital services tax, branding it “foolish” and “unfair.” This unexpected move has ignited fury across the political spectrum in the U.S., with both Democrats and Republicans expressing outrage.
Canada’s Prime Minister Mark Carney is not backing down. Instead, he has engaged directly with officials, demonstrating that Canada is ready to stand firm against Trump’s aggressive tactics. The new tax, targeting major U.S. tech companies like Amazon and Google, is set to levy a retroactive 3% charge on revenues generated from Canadian users, potentially costing these corporations over $2 billion. This isn’t just a tax; it’s a calculated response to years of perceived exploitation by American giants.
Trump’s retreat from negotiations reflects a deeper crisis of confidence. As he lashes out at Canada, it becomes clear that his threats are little more than bluster. While Trump plays the blame game, Carney is crafting a strategic response aimed at protecting Canadian jobs and stabilizing trade, especially for farmers who have suffered under U.S. tariffs.
The stakes are high. With a deadline of July 21 looming, Carney is poised to retaliate with targeted tariffs if Trump continues his trade war. The message is clear: Canada will not be intimidated. As businesses on both sides of the border brace for impact, the chaos of Trump’s trade policies is becoming increasingly evident. What began as a quest for dominance could quickly spiral into a full-blown economic crisis, leaving American consumers to bear the brunt of Trump’s miscalculations. The world is watching as Canada stands its ground, proving that this time, the northern neighbor will not fold under pressure.