Trump says he's ending 'all discussions on trade with Canada' effective immediately
-
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 tarrif that US citizens will pay to get Canadian products. That's what he means, though he is too much a dumbass to know it.
-
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.
- Sitting too close to the water with a nice sandwich can be interpreted as deliberately pissing them off.
-
You know this is not how it works, yes?
wrote on last edited by [email protected]Yes and no. Companies will always try to pass expenses like tax onto their customers. My guess is they will increase rates on customers significantly to recover some of those unexpected retroactive costs in the near term with the side effect of increasing revenue above the 3% tax in the long term.
-
Iceland = Bjork, Greenland != More ice-covered land than green.
I love Björk. She's small and angry.
-
I love Björk. She's small and angry.
wrote on last edited by [email protected]In the 90s UK Spitting Image did a whole sequence of "101 things to do with a Bjork" - she was living in England at the time being her awesome self. Go take a peek on youtube for it!
-
In the 90s UK Spitting Image did a whole sequence of "101 things to do with a Bjork" - she was living in England at the time being her awesome self. Go take a peek on youtube for it!
I have my own list of things to do with a Björk.
-
I was so focused on making fun of Trump that I messed it up.
Hey I was just making fun if the misleading names, probably viking misinformation campaign to discourage competition for Iceland
-
I feel like that’s probably our nuclear option and we’re holding out for now since it’s likely Trump chickens out again
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.
-
Well lets see I wonder what the reason for this could be. Could it be the deal we signed with Greeland on Thursday? Could it be the 2.5bil US companies owe us on Monday? Could it be the fact they murdered one of our Citizens? gee which one could it be?
Fuck em and fuck that country. I hate Nazi's and it makes my stomach churn that I have to live above a nation full of them.
Oh, but didn't you hear? They hold all the cards, despite not actually holding any cards....
-
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.
MAGA's razor: it's both malicious and stupidity.
-
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'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
-
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.
-
After all this time he still has no idea how tariffs work.
Or he's a fucking liar.
-
His words have been proven to mean nothing. He just speaks without any thought, senile old man.
Trump uses words like squids use ink.
Squids are smarter, though.
-
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.
Wait until Tremp finds out all digital services now need to charge GST in Australia (10%) since like 10 years ago.
-
Don't worry... already on it.
Keep it the hell up and happy Canada Day!
