President Trump has ended trade negotiations with Canada, citing the country's upcoming digital services tax (DST) as the primary reason. The DST, scheduled to take effect on June 30th but applied retroactively, will impose a 3% tax on revenue generated in Canada by large tech companies like Amazon, Google, Meta, Uber, and Airbnb. Trump announced the termination of talks via a Truth Social post, also promising to impose new tariffs on Canadian goods within the week. US companies are reportedly bracing to pay around $2.7 billion to cover the tax. Trump's move signals escalating trade tensions between the US and Canada over digital taxation policies.