Monday, June 30, 2025

Canadian Cave

Trump effect, Canuck style:
The decision follows President Donald J. Trump’s announcement on Friday that the United States would end trade negotiations with Canada over the levy. Trump described the tax as “a direct and blatant attack on our country” and threatened new tariffs in response.Canadian Prime Minister Mark Carney stated, “Today’s announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this month’s G7 Leaders’ Summit in Kananaskis.”The former Biden regime also opposed the tax, with former U.S. Trade Representative Katherine Tai calling it “discriminatory” and suggesting it may violate the USMCA trade agreement. Carney’s government has now announced plans to introduce legislation to rescind the tax, noting their preference for a multilateral agreement to address tax issues with tech firms.François-Philippe Champagne, Canada’s minister of finance and national revenue, emphasized that removing the tax would allow progress in negotiations with the United States, create jobs, and boost Canadian prosperity. “Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress,” he said.
There are some benefits to being the 51st state...

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