Canada tried to force American tech giants to pay a huge new tax. President Trump stepped in and stopped them cold with just a few words. Now Canada has backed down completely.
The Canadian government planned to start charging a special 3% tax on big US tech companies like Google and Amazon. This tax was going to cost American businesses around $2 billion. Canada set the tax to begin on Monday, June 30th.
President Trump wasn’t having any of it. He called Canada “foolish” for trying this move. Trump immediately stopped all trade talks with Canada over the tax. He said we hold all the cards in this relationship.
Trump made it clear he would stand up for American companies. He warned Canada to fix the problem fast. The tax unfairly targeted US businesses doing work in Canada.
Within days, Canada completely canceled the tax plan. They folded under the pressure from President Trump. His strong leadership protected American jobs and money.
The White House proudly announced that Canada had “caved” to President Trump’s demands. This shows other countries what happens when you try to take advantage of America. Trump’s tough talk works.
Canada needs America far more than we need them. They depend on our business and our market. Trying to tax our companies was a huge mistake that they quickly fixed.
Once again, President Trump’s strong leadership protected American interests. He doesn’t back down from fights, and he always puts America first. This victory proves that tough negotiation works.