Trade disputes push Ottawa to cancel joint celebration, and Trump announces revision of profit terms.

Trump commented in a post on his Truth Social account that this decision 'is fine, especially since they pay large tariffs to the United States.'

But Trump said the original agreement on the bridge, negotiated by a previous administration (Joe Biden), was 'very poorly' done, and therefore 'no longer stands.'

He added that he decided to change the terms of the agreement, so that the United States now receives 50% of the profits.

Canada canceled plans for a joint celebration with the United States to inaugurate a new bridge connecting the two countries, after Washington announced this week the imposition of additional tariffs on Canadian products.

Canadian Minister of Housing and Infrastructure Gregor Robertson said in a statement, 'In light of the trade actions threatened by the United States earlier this week, it would be inappropriate to proceed with a joint celebratory event between the two countries.'

Instead of the joint celebration scheduled for late July, Ottawa announced it would celebrate this achievement 'among Canadians' with a private event on July 24, and the bridge is expected to open to traffic on July 27.

The 'Gordie Howe International Bridge,' named after Canadian hockey legend Gordie Howe and connecting the Canadian province of Ontario to the US state of Michigan, has been a point of contention between the two countries for several months amid the trade war.

After US President Donald Trump threatened to block the bridge's inauguration earlier this year, Canadian Prime Minister Mark Carney announced in June that it would open, before the date was postponed indefinitely due to 'some technical issues' with the US side.

Discuss the news with artificial intelligence.