Trade Negotiation Update There were no shortages of eye-opening news reports this week and the notable one on trade late today was President Trump’s announcement that he is ending trade negotiations with Canada. Ottawa’s decision to impose a retroactive digital services tax on American tech companies with payment due Monday precipitated the President’s announcement. It came just days after Mr. Trump agreed at the G7 meeting in Canada to drop his so-called revenge tax (Section 899 of the reconciliation bill) designed specifically to counter what are deemed unfair foreign taxes on American companies. Guess Canada interpreted his concession as a green light for their own punitive tax. President Trump promised he would inform...