Latest news with #Canadians
Yomiuri Shimbun
an hour ago
- Business
- Yomiuri Shimbun
Trump Says He's Ending Trade Talks with Canada over Its ‘Egregious' Tax on Technology Firms
WASHINGTON (AP) — President Donald Trump said Friday that he's suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called 'a direct and blatant attack on our country.' Trump, in a post on his social media network, said Canada had just informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage with online users in Canada. The tax is set to go into effect Monday. 'Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period,' Trump said in his post. Trump's announcement was the latest swerve in the trade war he's launched since taking office for a second term in January. Progress with Canada has been a roller coaster, starting with the U.S. president poking at the nation's northern neighbor and repeatedly suggesting it would be absorbed as a U.S. state. Canadian Prime Minister Mark Carney said Friday that his country would 'continue to conduct these complex negotiations in the best interests of Canadians. It's a negotiation.' Trump later said he expects that Canada will remove the tax. 'Economically we have such power over Canada. We'd rather not use it,' Trump said in the Oval Office. 'It's not going to work out well for Canada. They were foolish to do it.' When asked if Canada could do anything to restart talks, he suggested Canada could remove the tax, predicted it will but said, 'It doesn't matter to me.' Carney visited Trump in May at the White House, where he was polite but firm. Trump last week traveled to Canada for the G7 summit in Alberta, where Carney said that Canada and the U.S. had set a 30-day deadline for trade talks. The digital services tax will hit companies including Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users. It will apply retroactively, leaving U.S. companies with a $2 billion U.S. bill due at the end of the month. 'We appreciate the Administration's decisive response to Canada's discriminatory tax on U.S. digital exports,' Matt Schruers, chief executive of the Computer & Communications Industry Association, said in a statement. Canada and the U.S. have been discussing easing a series of steep tariffs Trump imposed on goods from America's neighbor. The Republican president earlier told reporters that the U.S. was soon preparing to send letters to different countries, informing them of the new tariff rate his administration would impose on them. Trump has imposed 50% tariffs on steel and aluminum as well as 25% tariffs on autos. He is also charging a 10% tax on imports from most countries, though he could raise rates on July 9, after the 90-day negotiating period he set would expire. Canada and Mexico face separate tariffs of as much as 25% that Trump put into place under the auspices of stopping fentanyl smuggling, though some products are still protected under the 2020 U.S.-Mexico-Canada Agreement signed during Trump's first term. Addressing reporters after a private meeting with Republican senators Friday, Treasury Secretary Scott Bessent declined to comment on news that Trump had ended trade talks with Canada. 'I was in the meeting,' Bessent said before moving on to the next question. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager to obtain. About 80% of Canada's exports go to the U.S. Daniel Beland, a political science professor at McGill University in Montreal, said it is a domestic tax issue, but it has been a source of tensions between Canada and the United States for a while because it targets U.S. tech giants. 'The Digital Services Tax Act was signed into law a year ago so the advent of this new tax has been known for a long time,' Beland said. 'Yet, President Trump waited just before its implementation to create drama over it in the context of ongoing and highly uncertain trade negotiations between the two countries.'
Winnipeg Free Press
2 hours ago
- Sport
- Winnipeg Free Press
Canada scores four late goals to defeat Costa Rica 4-1 in women's soccer friendly
TORONTO – Late goals by Shelina Zadorsky, Holly Ward, Zara Chavoshi and Emma Regan helped Canada to a 4-1 comeback win over a resolute Costa Rica in an international women's friendly Friday. The goals came in the 70th, 74th, 82nd and 86th minute as the eighth-ranked Canadians finally found an answer for No. 43 Costa Rica. A small but enthusiastic crowd cheered Canada on at BMO Field. But while the Canadian women had 81 per cent possession in the first half, they were unable to unlock the Costa Rican defence and went into the break trailing 1-0. Some desperate Costa Rican defending and errant Canadian attacking kept it that way until the 70th minute when Zadorsky, from the penalty spot, ended the Canada misfiring. It was goal No. 7 in 112 appearances for the veteran centre back. Substitute Mimi Alidou won the penalty, taken down by Costa Rican defender Fabiola Villalobos. Ward made it 2-1 in the 74th minute, turning and curling in a lovely shot after fellow substitute Annabelle Chukwu, an 18-year-old Canadian youth international star in her first senior appearance, headed a Jade Rose cross her way It was a second goal in three appearances for Ward, a 21-year-old Vancouver Rise forward who became the first Northern Super League player to score for Canada — in the 3-1 win over Haiti on June 3 in Montreal. Chavoshi made it 3-0 in the 82nd minute, heading home a corner for her first Canada goal in her second appearance. Regan's first international goal, an elegant shot from just outside the penalty box, padded the lead in the 86th minute The Canadians now head to Washington, D.C., for a high-profile friendly with the top-ranked U.S. on Wednesday. Costa Rica's Maria Paula Salas opened the scoring against the run of play in the 27th minute off a free kick. Canada goalkeeper Kailen Sheridan failed to get a hand to the well-flighted delivery from captain Katherine Alvarado, allowing an unmarked Salas to head the ball home at the far post. Chavoshi committed the foul that led to the free kick, pulling back Priscila Chinchilla after the Costa Rican attacker nutmegged her just outside the Canadian penalty box. The goal prompted a Canadian team huddle in front of goal, one of several on the night. Canada had won all 17 previous meetings with Costa Rica, outscoring the Central Americans 52-6. But they needed a 104th-minute goal to win 1-0 the last time they met, in March 2024 in the quarterfinals of the CONCACAF W Gold Cup in Los Angeles. Canada had blanked Costa Rica 3-0 in the group stage at the tournament. Prior to the game, coach Casey Stoney was quick to stress before the game that her players were not looking past the Central Americans to the U.S. 'There will be absolutely no complacency,' she said, noting Costa Rica had held the Americans to a scoreless draw last summer. Stoney was true to her word, fielding a strong lineup that included Sheridan, Zadorsky, Jessie Fleming, Ashley Lawrence, Adriana Leon, Evelyne Viens and Julia Grosso. In all, the starters had a combined 756 caps going into the game. It was 22 C, feeling like 26 C at kickoff at BMO Field. There were danger signs early as Alvarado banged a shot off the goalpost in the fourth minute. But Canada began to find its feet, backing up Costa Rica, which was playing in a 4-5-1 formation. Canada had its chances with Leon angling a shot just wide in the 33rd minute. Four minutes later, Costa Rican goalkeeper Noelia Bermúdez made a diving save to deny Grosso. Canada could have had three goals in first-half stoppage time with headers from Leon and Zadorsky and a Fleming shot all missing the target. Costa Rica lost midfielder Alexandra Pinell to an injury just before the break. Canada outshot Costa Rica 8-3 (3-2 in shots on target) in the first half. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Coming off a pair of wins over No. 50 Haiti, the Canadian women came into the game 5-1-1 under Stoney, whose first games in charge were at the Pinatar Cup in Spain in February. The lone loss was a 1-0 setback at the hands of No. 32 Argentina in April in Langford, B.C. The Canadians had defeated the South Americans 3-0 four days earlier in Vancouver. Canada was missing injured defenders Kadeisha Buchanan, Sydney Collins and Jayde Riviere, and forwards Olivia Smith and Cloé Lacasse. Friday's game was a special 'Pride Celebration' match, the third in as many years for the Canadian women who wore a special kit featuring Pride-themed numbers. — This report by The Canadian Press was first published June 27, 2025
The Hindu
2 hours ago
- Business
- The Hindu
Trump ends trade talks with Canada over tax on U.S. tech firms
President Donald Trump said on Friday (June 27, 2025) he is calling off trade negotiations with Canada in retaliation for taxes impacting U.S. tech firms, adding that Ottawa will learn of their new tariff rate within a week. Mr. Trump was referring to Canada's digital services tax, which was enacted last year and forecast to bring in Can$5.9 billion (US$4.2 billion) over five years. While the measure is not new, U.S. service providers will be 'on the hook for a multi-billion dollar payment in Canada' come June 30, noted the Computer & Communications Industry Association recently. The three percent tax applies to large or multinational companies such as Alphabet, Amazon and Meta that provide digital services to Canadians, and Washington has previously requested dispute settlement talks over the matter. 'Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately,' Mr. Trump said in a post on his Truth Social platform Friday. Canada may have been spared some of Trump's sweeping duties, but it faces a separate tariff regime. Mr. Trump has also imposed steep levies on imports of steel, aluminum and autos. Last week, Canadian Prime Minister Mark Carney said Ottawa will adjust its 25% counter tariffs on U.S. steel and aluminium — in response to a doubling of U.S. levies on the metals to 50% — if a bilateral trade deal was not reached in 30 days. 'We will continue to conduct these complex negotiations in the best interest of Canadians,' Mr. Carney said Friday, adding that he had not spoken to Mr. Trump on the day. U.S. Treasury Secretary Scott Bessent told CNBC that Washington had hoped Carney's government would halt the tax 'as a sign of goodwill.' He now expects U.S. Trade Representative Jamieson Greer to start a probe to determine the harm stemming from Canada's digital tax. China progress Mr. Trump's salvo targeting Canada came shortly after Washington and Beijing confirmed finalising a framework to move forward on trade. A priority for Washington in talks with Beijing had been ensuring the supply of the rare earths essential for products including electric vehicles, hard drives and national defence equipment. China, which dominates global production of the elements, began requiring export licenses in early April, a move widely viewed as a response to Mr. Trump's blistering tariffs. Both sides agreed after talks in Geneva in May to temporarily lower steep tit-for-tat duties on each other's products. China also committed to easing some non-tariff countermeasures but U.S. officials later accused Beijing of violating the pact and slow-walking export license approvals for rare earths. They eventually agreed on a framework to move forward with their Geneva consensus, following talks in London this month. A White House official told AFP on Thursday that the Trump administration and China had 'agreed to an additional understanding for a framework to implement the Geneva agreement.' This clarification came after the US president told an event that Washington had inked a deal relating to trade with China, without providing details. Under the deal, China 'will review and approve applications for the export control items that meet the requirements in accordance with the law,' China's Commerce Ministry said. 'The U.S. side will correspondingly cancel a series of restrictive measures against China,' it added. Upcoming deals? Dozens of economies, although not China, face a July 9 deadline for steeper duties to kick in — rising from a current 10%. It remains to be seen if countries will successfully reach agreements to avoid them before the deadline. On talks with the European Union, for example, Mr. Trump told an event at the White House on Friday: 'We have the cards. We have the cards far more than they do.' But Mr. Bessent said Washington could wrap up its agenda for trade deals by September, indicating more agreements could be concluded, although talks were likely to extend past July. Mr. Bessent told Fox Business there are 18 key partners Washington is focused on pacts with. 'If we can ink 10 or 12 of the important 18, there are another important 20 relationships, then I think we could have trade wrapped up by Labor Day,' Mr. Bessent said, referring to the U.S. holiday on September 1. Wall Street's major indexes finished at fresh records as markets cheered progress in US-China trade while shrugging off concerns about Canada.
Time of India
2 hours ago
- Business
- Time of India
Trump says he's ending trade talks with Canada over its 'egregious' tax on technology firms
President Donald Trump said Friday that he's suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called "a direct and blatant attack on our country." Trump, in a post on his social media network, said Canada had just informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage with online users in Canada. The tax is set to go into effect Monday. "Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period," Trump said in his post. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo Trump's announcement was the latest swerve in the trade war he's launched since taking office for a second term in January. Progress with Canada has been a roller coaster, starting with the U.S. president poking at the nation's northern neighbor and repeatedly suggesting it would be absorbed as a U.S. state. Canadian Prime Minister Mark Carney said Friday that his country would "continue to conduct these complex negotiations in the best interests of Canadians. It's a negotiation." Live Events Trump later said he expects that Canada will remove the tax. "Economically we have such power over Canada. We'd rather not use it," Trump said in the Oval Office. "It's not going to work out well for Canada. They were foolish to do it." When asked if Canada could do anything to restart talks, he suggested Canada could remove the tax, predicted it will but said, "It doesn't matter to me." Carney visited Trump in May at the White House, where he was polite but firm. Trump last week traveled to Canada for the G7 summit in Alberta, where Carney said that Canada and the U.S. had set a 30-day deadline for trade talks. The digital services tax will hit companies including Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users. It will apply retroactively, leaving U.S. companies with a $2 billion U.S. bill due at the end of the month. "We appreciate the Administration's decisive response to Canada's discriminatory tax on U.S. digital exports," Matt Schruers, chief executive of the Computer & Communications Industry Association, said in a statement. Canada and the U.S. have been discussing easing a series of steep tariffs Trump imposed on goods from America's neighbor. The Republican president earlier told reporters that the U.S. was soon preparing to send letters to different countries, informing them of the new tariff rate his administration would impose on them. Trump has imposed 50% tariffs on steel and aluminum as well as 25% tariffs on autos. He is also charging a 10% tax on imports from most countries, though he could raise rates on July 9, after the 90-day negotiating period he set would expire. Canada and Mexico face separate tariffs of as much as 25% that Trump put into place under the auspices of stopping fentanyl smuggling, though some products are still protected under the 2020 U.S.-Mexico-Canada Agreement signed during Trump's first term. Addressing reporters after a private meeting with Republican senators Friday, Treasury Secretary Scott Bessent declined to comment on news that Trump had ended trade talks with Canada. "I was in the meeting," Bessent said before moving on to the next question. About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well. Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager to obtain. About 80% of Canada's exports go to the U.S. Daniel Beland, a political science professor at McGill University in Montreal, said it is a domestic tax issue, but it has been a source of tensions between Canada and the United States for a while because it targets U.S. tech giants. "The Digital Services Tax Act was signed into law a year ago so the advent of this new tax has been known for a long time," Beland said. "Yet, President Trump waited just before its implementation to create drama over it in the context of ongoing and highly uncertain trade negotiations between the two countries."
Canada News.Net
2 hours ago
- Business
- Canada News.Net
Daily World Briefing, June 28
Trump continues pushing Fed chair to lower interest rates U.S. President Donald Trump has continued to lob personal insults and attacks at Federal Reserve Chair Jerome Powell in a bid to get the central bank to lower interest rates. Frustrated with the Fed's wait-and-see attitude toward lowering interest rates, Trump has ramped up attacks against Powell in recent weeks. Earlier this week during a NATO summit in the Netherlands, Trump hurled his latest oratory grenade at the Fed chief, who the president nominated for the position eight years ago. "I think he's terrible," Trump told reporters during a press conference, referring to Powell. The president called Powell a "very average mentally person," and said the Fed chief has "a low IQ for what he does." "I think he is a very stupid person, actually," Trump said. Canadian PM says negotiations with U.S. "complex" Canadian Prime Minister Mark Carney on Friday called the negotiations with the United States "complex" when he responded to the announcement of U.S. President Donald Trump to terminate all trade talks with Canada with potential new tariffs. "We'll continue to conduct these complex negotiations in the best interest of Canadians," Carney said to local media. "It's a negotiation." Trump announced Friday that the United States would terminate all trade talks with Canada due to Canada's digital services tax on U.S. tech companies. Canada's digital services tax on American technology companies is a direct and blatant attack on the United States, said Trump in a post on social media. Set to take effect on June 30, the digital services tax would have U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three percent levy on revenue from Canadian users. Canada and the United States have been in negotiations to get Trump to lift the tariffs on Canadian goods, which have already led to major economic shrinking. U.S. Supreme Court limits injunctions against Trump's birthright citizenship order The U.S. Supreme Court ruled on Friday that district judges lack the authority to grant nationwide injunctions against the Trump administration's executive order to effectively end birthright citizenship. In a 6-3 vote along ideological line, Supreme Court justices granted a request by the Trump administration to narrow the scope of nationwide injunctions imposed by district judges. "Federal courts do not exercise general oversight of the Executive Branch," Justice Amy Coney Barrett wrote for the majority, noting that "When a court concludes that the executive branch has acted unlawfully, the answer is not for the court to exceed its power, too." However, the three liberal justices issued dissents to the decision. "Children born in the United States and subject to its laws are United States citizens," Justice Sonia Sotomayor said, adding "that has been the legal rule since the founding." Iran's FM says IAEA chief's insistence on visiting bombed nuclear sites "meaningless" Iranian Foreign Minister Seyed Abbas Araghchi said on Friday the insistence of the United Nations nuclear watchdog's chief on visiting Iran's bombed nuclear sites is "meaningless." He made the remarks in a post on social media platform X while accusing Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi of facilitating the adoption of a resolution by the agency's Board of Governors against Tehran and the bombings of Iranian nuclear facilities by the United States and Israel. "Grossi's insistence on visiting the bombed sites under the pretext of safeguards is meaningless and possibly even malign in intent. Iran reserves the right to take any steps in defense of its interests, its people, and its sovereignty," he said. He pointed to a recent plan approved by the Iranian parliament, and later passed into law by the country's Constitutional Council, which called for a halt in Iran's collaboration with the IAEA, adding, "This is a direct result of Grossi's regrettable role in obfuscating the fact that the agency had -- a full decade ago -- already closed all past issues (with Iran)." Grossi on Friday highlighted the necessity for IAEA inspectors to continue their verification activities in Iran, "as required under the Comprehensive Safeguards Agreement," according to a statement published on the agency's website. Russia, Ukraine agree to hold 3rd round of talks after prisoner exchange: Putin Russia and Ukraine have agreed to hold the third round of negotiations after completing their war prisoner exchange, Russian President Vladimir Putin said Friday after the Supreme Eurasian Economic Council in Minsk. Russia and Ukraine agreed to hold the third-round of talks after the completion of the exchange of prisoners of war and the transfer of bodies of dead militants, negotiated in Istanbul on June 2, Putin told reporters. Russia is ready for new round of negotiations with Ukraine in Istanbul, the president said, noting that the time and place of the third-round talks need to be agreed on. The draft memoranda between Russia and Ukraine on the settlement should become the subject of discussion during the third round of negotiations, Putin said.
