Trump says he is cutting off trade talks with Canada

Canada had been hoping to secure a trade deal with the US next month to avoid steep tariffs.

Watch LiveBritish Broadcasting CorporationHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingAudioPodcastsRadioAudio FAQsVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthAudioVideoLiveWeatherNewslettersWatch Live'We have all the cards' - Trump says he is ending Canada trade talks2 days agoShareSaveNatalie ShermanBusiness reporter, BBC NewsShareSaveWatch: 'It's not going to work out well for Canada,' says TrumpUS President Donald Trump has said he is cutting off trade talks with Canada "immediately" as the country looks to start enforcing a tax policy targeting big tech companies.

The latest move, which he announced on social media, comes as the neighbouring nations had been working to agree a trade deal by mid-July.

Both countries have imposed tariffs on each other's goods after Trump sparked a trade war earlier this year and threatened to annex Canada using "economic force".

On Friday, the US president said he was ending talks due to what he called an "egregious tax" on tech companies and added he would announce new tariffs on goods crossing the border within the next week.

"We are hereby terminating ALL discussions on Trade with Canada, effective immediately," he wrote on social media.