Close Menu
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
  • Home
  • Audit
  • Finance
  • IRS
  • Legal
  • Tax News
  • Tax preparation
  • Tax Tips
  • USA Accounting
What's Hot

Trump Threatens EU Trade Over Canada Associate Plan

September 17, 2026

’60 Minutes’ Ratings Study Shows the Problem for Bari Weiss, CBS News

September 16, 2026

Leon Black held in contempt of Congress : NPR

September 16, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated

Subscribe to USTaxNews

* indicates required

Subscribe for Tax Updates

Get the latest IRS news, tax tips, and deadlines delivered to your inbox.

style="display:none">
Facebook X (Twitter) Instagram
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • Audit
  • Finance
  • IRS
  • Legal
  • Tax News
  • Tax preparation
  • Tax Tips
  • USA Accounting
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
Home » Trump Threatens EU Trade Over Canada Associate Plan
Audit

Trump Threatens EU Trade Over Canada Associate Plan

EditorBy EditorSeptember 17, 2026No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


President Donald Trump threatened Wednesday to retaliate against Europe if the European Union follows through on a proposal to make Canada its first associate member.

The plan, floated earlier in the day by European Commission President Ursula von der Leyen, would deepen the EU’s ties with Canada beyond their existing trade agreement.

Trump said he could respond with heavy tariffs or curb trade with Europe if he viewed the move as hostile, extending his trade fight with Canada to one of America’s largest economic partners.

“If they do that, if I think it’s at all a hostile act, I will put very serious tariffs or stop trading with Europe on many things,” Trump told reporters after landing in North Carolina on Wednesday.

Trump called the prospect “laughable” and described Canada as a “terrible trade partner.”

On Wednesday, Trump also issued a presidential memorandum directing federal agencies to identify Canadian-origin goods that could be removed from the federal procurement system, citing what his administration described as barriers facing US companies seeking Canadian government contracts.

At a rally on the same day, Trump said the US was “carrying the European nations with a $200 billion deficit,” referring to the US goods deficit with the EU.

“All we have to do is say, you know what? We’re not trading with you anymore. We don’t need anything they have. We have cars, we have lumber, we have food, we have everything,” Trump said.

Von der Leyen’s proposed arrangement remains undefined: EU treaties do not currently provide for such a status, and officials have yet to spell out what rights or obligations it would carry.

Want more Business Insider in your news feed?

Add BI in Google so our reporting is easier to find when you’re searching for what matters.

Canada and the EU already have a broad trade agreement, the Canada-European Union Comprehensive Economic and Trade Agreement.

Von der Leyen said she wanted to build on it with a wider partnership spanning technology, energy, critical minerals, artificial intelligence, cybersecurity, defense, and the Arctic.

After US-Canada trade talks broke down last month, Prime Minister Mark Carney moved to deepen Canada’s commercial and security ties with Europe.

On Wednesday, his office said Ottawa had formally applied to join the British-led Joint Expeditionary Force, a rapid-response military partnership of 10 northern European NATO countries.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor
  • Website

Related Posts

’60 Minutes’ Ratings Study Shows the Problem for Bari Weiss, CBS News

September 16, 2026

Trump Tells Warsh to Lower Interest Rates to 1% or Less

September 16, 2026

Elon Musk’s Real-Estate Portfolio: All the Homes He’s Owned, Including a Trailer

September 16, 2026
Leave A Reply Cancel Reply

News
Finance

737 Max production taking ‘a little bit longer’ to stabilize than expected

A Boeing 737 MAX 10 fuselage is pictured during the opening ceremony for the company’s…

American Airlines says 30% of seats drive half of revenue

September 16, 2026

J.B. Hunt stock plunges 10% on earnings drop expectation

September 16, 2026
Top Trending
IRS

Chinese national detained, indicted in $360K fake Microsoft tech support scam

Rep. Brett Guthrie, R-Ky., discusses how the United States should handle the…

IRS

IRS raises gas mileage deduction amid price surge

FOX Business correspondent Grady Trimble reports as Millions are traveling for Americas…

IRS

Coca-Cola battles IRS in federal appeals court with $20 billion at stake

SlateStone Wealth chief market strategist Kenny Polcari discusses whether investors are too…

Subscribe to News

Please enable JavaScript in your browser to complete this form.
Loading

Welcome to USTaxNews.live – Your Trusted Source for U.S. Tax, Accounting, and Financial News.

At USTaxNews.live, we’re committed to delivering accurate, timely, and practical information on everything related to U.S. taxes, IRS updates, legal issues, accounting practices, and the broader financial landscape. Whether you’re a taxpayer, accountant, legal professional, or business owner, we’re here to help you stay informed and ahead of change.

Our Picks

See how your income tax bracket could change for 2027

September 11, 2026

Trump’s Strait of Hormuz fee would have cost millions, opened “a very dangerous Pandora’s Box,” experts say

July 14, 2026

Millions of taxpayers have until July 10 to claim an IRS refund

July 9, 2026

Subscribe to Updates

Please enable JavaScript in your browser to complete this form.
Loading
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 ustaxnews. Designed by ustaxnews.

Type above and press Enter to search. Press Esc to cancel.