U.S. President Donald Trump said Friday he’s terminating all trade discussions with Canada effective immediately.
“We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period,” Trump said in a social media post.
He says he’s pulling back from the bilateral trade discussions because Canada plans to move ahead with its digital services tax (DST), which requires web giants pay a special tax.
Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users — a policy enacted by former prime minister Justin Trudeau’s government that the Parliamentary Budget Office projects will bring in billions of dollars in revenue.
“We will let Canada know the Tariff that they will be paying…”
How has he still not learned that it is Americans and American businesses that pay the tariffs.
He knows, but he also knows that his base is too dumb to recognize it, so he lies because raising taxes on Americans is unpopular.
He also knows that if he just repeats things people will believe them, even in spite of evidence they can see, feel and touch.
What a stupid timeline, in which the above is true🙄
I’m not certain what he knows or does not know. In any case, his message to MAGA is clear, Canada will pay, and they’ll believe it.
It’s not so much whether or not he knows it, so much as how much he cares. He knows what he says will get his base riled up, and that’s what he likes. It strokes his ego and gives him more power.
MAGA’s razor: it’s both malicious and stupidity.
That could be true, but he is dumb enough to not understand. Malice or ignorance are always possibilities.
hes also been obsessed with tariffs since forever.
He’s committed to the “big lie” strategy. And unfortunately it works well for what it does if you dgaf about consequences imposed by reality playing none of your games
Oh he knows. He’s just compelled to lie by whatever that jelly is in his head that is a brain in normal people.
Right, but he can’t raise income tax very much, and he needs money to give to all the rich fuckers, so a big federal sales tax “disguised” as a tariff is a decent way to raise funds.
Don’t need to raise the income tax. The government makes up the money. Could simply turn on the printers and give to the billionaire. The cruelty is the point as it always is.
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How dare the Canadian government get American companies to pay their fair share for operating here [in Canada]
How dare they charge *checks notes* the same thing Visa and Mastercard charge everyone in our entire country for everything.
At least they are not charging American Express numbers. (really blowing out your closest trading partner over 3% on netflix is nuts)
Canada needs to start cashing in their US Bonds. Let’s watch the US economy start to crash.
I feel like that’s probably our nuclear option and we’re holding out for now since it’s likely Trump chickens out again
Agree with @regedit Canada should cash in a few bonds, and when president felon freaks out, do a few more. Explain to the orange child that he needs to shut up about Canada, drop the tariffs and observe the trade agreements. America deserves all the backlash the world is piling on it right now. Republicans are vile scum, treat them with the disrespect they have earned.
Especially considering the rating of those bonds dropped after some ignorant spray-tanned chimp decided to skullfuck a functioning and stable economy.
It’s Carney’s primary strategy. This plus the Canadian who died in ICE custody should speed up the sell off. Japan will likely join.
Canada geese are my favorite bird. I see them by the lake all the time. They are perfectly well-behaved, until you deliberately try to piss them off.
Right? They have a terrible rep but they’re pretty fair in my experience. The only time I’ve angered one was when I stepped too close to take a picture of her babies and she did this grass filled mouth hiss at me like a cat. Which to be fair, is fair
When I was 4 or 5 I went to the zoo with school and the woman who was showing us round starts telling us about these Canadian Geese and my teacher asked where they were from …the employee dryly says “Canada, would you believe…”.
- Sitting too close to the water with a nice sandwich can be interpreted as deliberately pissing them off.
We will let Canada know the Tariff that they will be paying
…that’s… not how this works…
After all this time he still has no idea how tariffs work.
Doesn’t matter, it’s what his sycophants believe. If Trump does it/says it - it becomes the truth to them. It’s the result of a decade or more of brainwashing on tens of millions of trump fans by Fox News etc
Or he’s a fucking liar.
Congrats to Canada on their newfound status of not having to listen to trumps noise anymore.
And no worries, America will be back soon on its knees groveling for lumber and fish. Just ship it through Mexico, itll be fine.
Lol oil. Railcar from Alberta to BC, onto a tanker to Mexico, then railcar back up to Montana for the refineries that are tooled specifically for tar sands oil.
Sure it’s expensive, but oil from across the pond is about to be as well, or did Iran back down on that?
I’d like someone to do the maths for me how much energy will be used versus how much is created after all that…
I bet you that the shell taste more like cheese then that pre-shredded shit on there.
I’ve had one.
It does not.
It tastes salty and orange.Oh wow.
Set to take effect on June 30, the DST requires U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users
Good.
It should be a lot higher, honestly. Encourage building Canadian services and using European services instead of relying on predatory American monopolies.
3% of revenue is a substantial number.
However, even better:
The tax, which will take effect on 30 June and be applied retroactively from 2022, will impact both domestic and international companies, meaning American giants Amazon, Google, Meta, Airbnb and Uber will have to start payments from Monday.
This is the equivalent of that obnoxious kid in the neighbourhood saying they’re taking their basketball home and no one can play basketball any more … then after he leaves, someone else brings another basketball anyway.
That means nothing. He will taco. Then Canada will get even more pushed away from our once great partnership.
Remember how Trump fucked up the election in Canada for the conservatives? They literally had it in the bag. But Taco showed up with his tiny mushroom dick.
If people could stop putting that man’s meat and two veg in my head, that would be great…
Thursday, Canada signs huge rare earth mineral mining deal with
IcelandGreenland, humiliating Trump.Friday, Trump throws a tantrum.
As is tradition
Reminds me of a joke. The person that says it can quit smoking anytime they want, because in fact, they do it multiple times a day.
Mark Twain, hundreds of times
Lol Donald announced that he’s shutting up? Canada wins
And U.S. consumers lose because, if there’s still anyone unclear on this, we pay the goddamn tariff and not a single person in Canada.
Well there is counter tarrifs on some US goods we’d hypothetically pay… if we were still buying US products, that is.
As an embarrassed American, I would urge you to boycott any remaining goods until such time as we’re not a Nazi shithole. Might be a while.
Don’t worry… already on it.
Keep it the hell up and happy Canada Day!
He’s just pump and dumping the stock market again now that there’s no Iran to distract us
