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.

  • owenfromcanada
    link
    fedilink
    English
    arrow-up
    96
    ·
    1 day ago

    How dare they charge *checks notes* the same thing Visa and Mastercard charge everyone in our entire country for everything.

    • M0oP0o@mander.xyz
      link
      fedilink
      English
      arrow-up
      7
      ·
      16 hours ago

      At least they are not charging American Express numbers. (really blowing out your closest trading partner over 3% on netflix is nuts)