US President Donald Trump has effectively ended all trade talks with Canada, following a meeting with his Senatorial counterpart Marco Rubio.
According to sources close to the White House, Trump informed Rubio that he was scrapping all negotiations over tariffs and trade restrictions with its northern neighbor. The news comes as tensions between Washington and Ottawa have been escalating in recent weeks over issues such as Canadian dairy exports and Boeing aircraft sales.
Rubio confirmed the development in a tweet, stating that "Canada will no longer be considered for Phase One trade talks". The Senatorial aide explained that this decision marked a significant shift in US policy towards Canada, highlighting ongoing concerns over trade imbalances and national security threats.
The move is seen as a dramatic escalation of Trump's hardline stance on trade, which has been a key issue in his presidential campaign. As tensions with Canada continue to rise, it remains to be seen how this development will impact bilateral relations between the two nations.
Critics argue that the termination of trade talks could have severe consequences for US businesses operating in Canada and vice versa, while supporters of Trump's policies see it as a necessary step to protect American industries from perceived unfair competition.
According to sources close to the White House, Trump informed Rubio that he was scrapping all negotiations over tariffs and trade restrictions with its northern neighbor. The news comes as tensions between Washington and Ottawa have been escalating in recent weeks over issues such as Canadian dairy exports and Boeing aircraft sales.
Rubio confirmed the development in a tweet, stating that "Canada will no longer be considered for Phase One trade talks". The Senatorial aide explained that this decision marked a significant shift in US policy towards Canada, highlighting ongoing concerns over trade imbalances and national security threats.
The move is seen as a dramatic escalation of Trump's hardline stance on trade, which has been a key issue in his presidential campaign. As tensions with Canada continue to rise, it remains to be seen how this development will impact bilateral relations between the two nations.
Critics argue that the termination of trade talks could have severe consequences for US businesses operating in Canada and vice versa, while supporters of Trump's policies see it as a necessary step to protect American industries from perceived unfair competition.