Trump cuts off US trade talks with Canada, shattering optimism over tariff deals

News Snapshot:

US President Donald Trump has abruptly cut off trade talks with Canada over its tax targeting US technology firms, calling it a "blatant attack". The move on Friday, local time, plunged US-Canada relations back into chaos after a period of relative calm that included a cordial G7 meeting in mid-June where Mr Trump and Canadian Prime Minister Mark Carney agreed to wrap up a new economic agreement within 30 days. It also came just hours after US Treasury Secretary Scott Bessent struck an upbeat tone on trade, touting that progress had been made with China on reviving the flow of...