Trump tariffsTrump cuts off US tariff talks with Canada over long-planned digital tax
Move overturns optimism after Bessent cited Labor Day for finishing many trade deals
Canadian Prime Minister Mark Carney, left, and U.S. President Donald Trump talk during a family photo at the Group of Seven summit in Kananaskis, Canada, on June 16. © Reuters
WASHINGTON (Reuters) -- U.S. President Donald Trump on Friday abruptly cut off trade talks with Canada over its new tax targeting U.S. technology firms, calling it a "blatant attack" and saying that he would set a new tariff rate on Canadian goods within the next week.