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.

  • kreskin@lemmy.worldEnglish
    53·
    18 hours ago

    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.

    • Revan343@lemmy.caEnglish
      9·
      18 hours ago

      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?

      • Darleys_Brew@lemmy.mlEnglish
        4·
        13 hours ago

        I’d like someone to do the maths for me how much energy will be used versus how much is created after all that…