Trump trade: one step forward, two steps back

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  Hello and welcome to World Business Report from the BBC World Service.

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  I'm Leanna Byrne and on this edition there's another twist to the tariff's tale,

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  US President Donald Trump says he's stopping trade talks with Canada over a tax he's not happy about.

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  We'll also take a look at the details of a minerals deal the US and China have struck and whether it is a big deal or not.

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  And finally,

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  how one of the world's most famous festivals springs up a mini economy in South West England.

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  But first, another major trade move from President Trump.

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  And yes, I know this is becoming a daily occurrence.

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  But this time, Canada is in the crosshairs.

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  Donald Trump says he's cutting off all trade talks with its neighbours immediately.

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  And he's blaming Canada's digital services tax, which targets big tech firms.

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  Earlier today, I spoke to Carlene Varian,

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  Associate Vice President at Summit Strategies and a former Chief of Staff of former Canadian Prime Minister Justin Trudeau.

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  I wouldn't call it entirely unexpected in substance.

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  It has long been known that the United States had issues with Canada's digital services tax and its implementation that dates back actually to the Biden administration.

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  This is not just a Donald Trump and Republican grievance under President Biden.

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  His US trade representative frequently raised the issue of the DST with Canadian counterparts as a point of disagreement and something that was a challenge for the trading relationship.

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  What's interesting is the timing.

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  So it has been known for about a year and a half that Canada intended to move forward with implementing this.

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  digital services tax.

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